ENGCOM I/S — Credit Rating and Financial Key Figures

CVR number: 38628658
Høvejen 109 A, 9400 Nørresundby

Credit rating

Company information

Official name
ENGCOM I/S
Personnel
5 persons
Established
2017
Company form
General partnership
Industry

About ENGCOM I/S

ENGCOM I/S (CVR number: 38628658) is a company from AALBORG. The company recorded a gross profit of 3412 kDKK in 2023. The operating profit was 1076.5 kDKK, while net earnings were 1068.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 63.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ENGCOM I/S's liquidity measured by quick ratio was 3.7 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 sales4 023.06
Gross profit2 240.132 670.813 545.851 835.363 411.99
EBIT893.94864.72937.16-0.981 076.55
Net earnings892.13859.79928.55-6.251 068.72
Shareholders equity total777.891 178.661 622.971 412.351 957.39
Balance sheet total (assets)1 458.821 774.152 039.081 846.452 641.32
Net debt-1 060.38- 592.10- 255.02- 321.86-1 129.75
Profitability
EBIT-%22.2 %
ROA93.9 %53.5 %49.2 %-0.1 %48.0 %
ROE179.9 %87.9 %66.3 %-0.4 %63.4 %
ROI180.2 %88.4 %65.9 %-0.1 %61.2 %
Economic value added (EVA)893.93878.92907.68-67.611 027.19
Solvency
Equity ratio53.3 %66.4 %79.6 %76.5 %74.1 %
Gearing2.6 %7.7 %2.1 %
Relative net indebtedness %-9.4 %
Liquidity
Quick ratio1.82.74.44.03.7
Current ratio1.82.74.44.03.7
Cash and cash equivalents1 060.38592.10296.88430.121 171.59
Capital use efficiency
Trade debtors turnover (days)13.0
Net working capital %13.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:48.0%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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