EET A/S — Credit Rating and Financial Key Figures

CVR number: 36535326
Bregnerødvej 133 D, 3460 Birkerød

Credit rating

Company information

Official name
EET A/S
Established
2015
Company form
Limited company
Industry

About EET A/S

EET A/S (CVR number: 36535326K) is a company from RUDERSDAL. The company reported a net sales of 624 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 13 mDKK), while net earnings were 5000 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EET A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 293.083 291.320.57620.00624.00
Gross profit622.06667.610.11115.00109.00
EBIT61.50190.650.0421.0013.00
Net earnings-10.2383.770.026.005.00
Shareholders equity total365.57438.890.08151.00156.00
Balance sheet total (assets)1 989.672 081.280.33340.00392.00
Net debt-27.99-90.12-0.00-22.00-51.00
Profitability
EBIT-%1.9 %5.8 %6.3 %3.4 %2.1 %
ROA3.1 %9.9 %0.0 %12.3 %4.1 %
ROE-2.8 %21.8 %0.0 %7.9 %3.3 %
ROI5.1 %15.9 %0.0 %19.2 %6.1 %
Economic value added (EVA)44.69128.413.2014.9110.49
Solvency
Equity ratio18.4 %21.1 %23.9 %44.4 %39.8 %
Gearing1.3 %
Relative net indebtedness %48.5 %47.2 %43.2 %26.6 %29.6 %
Liquidity
Quick ratio0.90.90.91.01.2
Current ratio1.21.31.41.61.7
Cash and cash equivalents27.9990.120.0024.0051.00
Capital use efficiency
Trade debtors turnover (days)56.359.361.055.349.7
Net working capital %5.0 %7.0 %9.4 %11.8 %13.3 %
Credit risk
Credit ratingAAABBAAAAAA

Variable visualization

ROA:4.10%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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