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ET TEKNIK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ET TEKNIK HOLDING A/S
ET TEKNIK HOLDING A/S (CVR number: 27013872) is a company from SILKEBORG. The company recorded a gross profit of 329.3 kDKK in 2024. The operating profit was -319.9 kDKK, while net earnings were -291.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ET TEKNIK HOLDING A/S's liquidity measured by quick ratio was 10.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 444.16 | 445.95 | 444.46 | 363.53 | 329.31 |
| EBIT | 275.60 | 277.39 | 275.90 | 194.98 | - 319.91 |
| Net earnings | 2 421.57 | 3 030.92 | 1 894.45 | 11 385.00 | - 291.39 |
| Shareholders equity total | 16 538.96 | 18 569.88 | 18 964.33 | 28 349.32 | 27 057.93 |
| Balance sheet total (assets) | 17 047.84 | 19 290.84 | 19 497.40 | 29 490.73 | 28 073.05 |
| Net debt | -5 698.96 | -7 152.89 | -8 135.14 | -18 297.44 | -4 719.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.4 % | 17.3 % | 10.3 % | 46.7 % | -0.1 % |
| ROE | 15.3 % | 17.3 % | 10.1 % | 48.1 % | -1.1 % |
| ROI | 15.4 % | 17.3 % | 10.3 % | 47.1 % | -0.1 % |
| Economic value added (EVA) | - 566.31 | - 637.03 | - 755.56 | - 823.89 | -1 712.34 |
| Solvency | |||||
| Equity ratio | 94.6 % | 96.3 % | 97.3 % | 96.3 % | 96.4 % |
| Gearing | 0.1 % | 1.1 % | 1.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 89.7 | 28.6 | 122.5 | 36.3 | 10.8 |
| Current ratio | 89.7 | 28.6 | 122.5 | 33.2 | 10.8 |
| Cash and cash equivalents | 5 709.96 | 7 352.88 | 8 135.14 | 18 599.82 | 4 719.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | A |
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