EET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EET A/S
EET A/S (CVR number: 36535326K) is a company from RUDERSDAL. The company reported a net sales of 0 mDKK in 2024, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EET A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 291 318.00 | 574.00 | 620 000.00 | 0.62 | 0.66 |
Gross profit | 667 612.00 | 110.00 | 115 000.00 | 0.10 | 0.11 |
EBIT | 190 646.00 | 36.00 | 21 000.00 | 0.01 | 0.03 |
Net earnings | 83 771.00 | 22.00 | 6 000.00 | 0.01 | 0.01 |
Shareholders equity total | 438 886.00 | 79.00 | 151 000.00 | 0.16 | 0.17 |
Balance sheet total (assets) | 2 081 277.00 | 331.00 | 340 000.00 | 0.39 | 0.39 |
Net debt | -90 122.00 | -4.00 | -22 000.00 | 0.03 | 0.03 |
Profitability | |||||
EBIT-% | 5.8 % | 6.3 % | 3.4 % | 2.1 % | 3.8 % |
ROA | 9.9 % | 0.0 % | 12.3 % | 0.0 % | 6.9 % |
ROE | 21.8 % | 0.0 % | 7.9 % | 0.0 % | 8.0 % |
ROI | 15.9 % | 0.0 % | 19.2 % | 0.0 % | 9.8 % |
Economic value added (EVA) | 104 887.80 | -25 268.75 | 14 905.58 | -7 989.74 | 0.01 |
Solvency | |||||
Equity ratio | 21.1 % | 23.9 % | 44.4 % | 39.8 % | 42.9 % |
Gearing | 1.3 % | 49.4 % | 32.0 % | ||
Relative net indebtedness % | 47.2 % | 43.2 % | 26.6 % | 29.6 % | 30.5 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.0 | 1.2 | 1.1 |
Current ratio | 1.3 | 1.4 | 1.6 | 1.7 | 1.6 |
Cash and cash equivalents | 90 122.00 | 4.00 | 24 000.00 | 0.05 | 0.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.3 | 61.0 | 55.3 | 49.7 | 52.7 |
Net working capital % | 7.0 % | 9.4 % | 11.8 % | 13.3 % | 11.4 % |
Credit risk | |||||
Credit rating | AA | BB | AAA | BB | BB |
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