ENGVANG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27719929
Mejlbyvej 5, Mejlby 6760 Ribe

Company information

Official name
ENGVANG HOLDING ApS
Established
2004
Domicile
Mejlby
Company form
Private limited company
Industry

About ENGVANG HOLDING ApS

ENGVANG HOLDING ApS (CVR number: 27719929) is a company from ESBJERG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 33.1 % compared to the previous year. The operating profit percentage was at 81.6 % (EBIT: 0.2 mDKK), while net earnings were 1161 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ENGVANG HOLDING ApS's liquidity measured by quick ratio was 89.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 376.006 961.0011 657.00173.00230.23
Gross profit6 745.006 880.0011 557.00-93.00187.90
EBIT5 995.005 630.0011 557.00-93.00187.90
Net earnings6 512.006 022.0011 990.00999.001 160.97
Shareholders equity total44 458.0050 480.0062 471.0063 470.0058 631.43
Balance sheet total (assets)47 151.0056 557.0065 929.0064 581.0059 016.89
Net debt-5 486.00-7 991.00-8 663.00-24 324.00-19 088.84
Profitability
EBIT-%94.0 %80.9 %99.1 %-53.8 %81.6 %
ROA15.3 %11.9 %19.8 %2.0 %2.3 %
ROE15.8 %12.7 %21.2 %1.6 %1.9 %
ROI15.9 %12.6 %21.1 %2.0 %2.3 %
Economic value added (EVA)6 251.886 098.6312 252.51251.98151.60
Solvency
Equity ratio94.3 %89.3 %94.8 %98.3 %99.3 %
Gearing1.7 %4.0 %1.7 %0.6 %
Relative net indebtedness %-55.6 %-56.2 %-44.7 %-14042.8 %-8278.0 %
Liquidity
Quick ratio6.84.19.336.889.1
Current ratio6.84.19.336.889.1
Cash and cash equivalents6 236.009 991.008 663.0025 405.0019 444.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %244.1 %270.9 %246.7 %22503.5 %14404.4 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:2.31%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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