ECCO SKO A/S — Credit Rating and Financial Key Figures

CVR number: 45349918
Industrivej 5, 6261 Bredebro
contact@ecco.com
tel: 74710360

Company information

Official name
ECCO SKO A/S
Personnel
586 persons
Established
1948
Company form
Limited company
Industry

About ECCO SKO A/S

ECCO SKO A/S (CVR number: 45349918K) is a company from TØNDER. The company reported a net sales of 1487 mEUR in 2024, demonstrating a decline of -5.3 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 30.2 mEUR), while net earnings were -37.6 mEUR. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. ECCO SKO 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 financials

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 092.471 218.081 585.781 570.521 486.98
Gross profit1 092.471 218.081 585.78696.07504.30
EBIT50.2484.139.25114.1830.16
Net earnings47.03-37.59
Shareholders equity total647.39640.69
Balance sheet total (assets)1 320.761 419.081 574.801 479.981 491.47
Net debt248.37239.90
Profitability
EBIT-%4.6 %6.9 %0.6 %7.3 %2.0 %
ROA3.8 %6.1 %0.6 %8.6 %2.4 %
ROE20.8 %-8.4 %
ROI5.4 %9.1 %0.9 %10.8 %2.8 %
Economic value added (EVA)50.24115.9846.48125.77-39.29
Solvency
Equity ratio43.3 %42.7 %
Gearing84.5 %85.7 %
Relative net indebtedness %58.0 %60.8 %56.1 %34.0 %36.4 %
Liquidity
Quick ratio2.21.72.51.41.1
Current ratio2.21.72.53.02.3
Cash and cash equivalents298.81309.25
Capital use efficiency
Trade debtors turnover (days)23.623.8
Net working capital %43.2 %29.7 %41.1 %42.9 %40.2 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.39%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.7%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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