ET TEKNIK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 27013872
Mørksøvej 11, 8600 Silkeborg
ts@asts.dk
tel: 86805901

Credit rating

Company information

Official name
ET TEKNIK HOLDING A/S
Established
2003
Company form
Limited company
Industry

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 363.5 kDKK in 2023. The operating profit was 195 kDKK, while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 46.7 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.3 %, 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 36.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit445.99444.16445.95444.46363.53
EBIT271.36275.60277.39275.90194.98
Net earnings2 557.402 421.573 030.921 894.4511 385.00
Shareholders equity total15 117.3916 538.9618 569.8818 964.3328 349.32
Balance sheet total (assets)15 613.1517 047.8419 290.8419 497.4029 490.73
Net debt-4 293.13-5 698.96-7 152.89-8 135.14-18 297.44
Profitability
EBIT-%
ROA17.3 %15.4 %17.3 %10.3 %46.7 %
ROE18.2 %15.3 %17.3 %10.1 %48.1 %
ROI17.4 %15.4 %17.3 %10.3 %47.1 %
Economic value added (EVA)144.85170.56204.01284.84183.68
Solvency
Equity ratio94.3 %94.6 %96.3 %97.3 %96.3 %
Gearing0.1 %1.1 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio72.789.728.6122.536.3
Current ratio72.789.728.6122.533.2
Cash and cash equivalents4 293.135 709.967 352.888 135.1418 599.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:46.7%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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