EchoVice ApS — Credit Rating and Financial Key Figures

EchoVice ApS (CVR number: 43234668) is a company from ODENSE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 587 % compared to the previous year. The operating profit percentage was at 15.5 % (EBIT: 0.1 mDKK), while net earnings were 63.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 90.1 %, which can be considered excellent and Return on Equity (ROE) was 112.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. EchoVice ApS's liquidity measured by quick ratio was 4.1 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.