ETAS HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 24203646
Tuenvej 7 B, 9900 Frederikshavn

Company information

Official name
ETAS HOLDING A/S
Established
1999
Company form
Limited company
Industry

About ETAS HOLDING A/S

ETAS HOLDING A/S (CVR number: 24203646) is a company from FREDERIKSHAVN. The company recorded a gross profit of -87.9 kDKK in 2023. The operating profit was -87.9 kDKK, while net earnings were 3520.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETAS HOLDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-74.79-87.89
EBIT-74.79-87.89
Net earnings9 475.193 520.67
Shareholders equity total45 412.0944 932.75
Balance sheet total (assets)54 131.7451 618.52
Net debt5 937.946 009.37
Profitability
EBIT-%
ROA17.5 %6.6 %
ROE20.9 %7.8 %
ROI18.4 %6.8 %
Economic value added (EVA)-58.33-2 648.93
Solvency
Equity ratio83.9 %87.0 %
Gearing13.1 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.7
Current ratio0.90.7
Cash and cash equivalents0.710.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:6.62%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Chief executive officer
Board member

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