Employment Care A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Employment Care A/S
Employment Care A/S (CVR number: 29528942) is a company from FREDENSBORG. The company recorded a gross profit of 14.3 kDKK in 2023. The operating profit was 1.9 kDKK, while net earnings were -224.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent but Return on Equity (ROE) was -67.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Employment Care A/S's liquidity measured by quick ratio was 15.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 70.25 | -83.18 | - 315.41 | 63.90 | 14.33 |
EBIT | -80.30 | - 321.58 | - 841.64 | - 115.19 | 1.93 |
Net earnings | -63.12 | - 140.79 | - 665.45 | -52.17 | - 224.81 |
Shareholders equity total | 1 203.34 | 1 062.55 | 397.10 | 444.93 | 220.12 |
Balance sheet total (assets) | 1 357.23 | 1 169.34 | 874.22 | 609.17 | 238.33 |
Net debt | - 811.60 | - 635.88 | 239.14 | 101.75 | -31.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.7 % | -14.1 % | -82.4 % | -9.6 % | 27.6 % |
ROE | -5.1 % | -12.4 % | -91.2 % | -12.4 % | -67.6 % |
ROI | -6.5 % | -15.6 % | -94.2 % | -11.3 % | 30.3 % |
Economic value added (EVA) | -65.92 | - 253.53 | - 667.95 | -89.07 | -20.74 |
Solvency | |||||
Equity ratio | 88.7 % | 90.9 % | 45.4 % | 73.0 % | 92.4 % |
Gearing | 1.2 % | 79.4 % | 24.0 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 8.1 | 1.5 | 3.7 | 15.2 |
Current ratio | 5.9 | 8.1 | 1.5 | 3.7 | 15.2 |
Cash and cash equivalents | 811.60 | 648.28 | 76.15 | 4.91 | 31.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | B |
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