ECONET A/S — Credit Rating and Financial Key Figures

CVR number: 15887443
Rådmandsgade 45 A, 2200 København N
econet@econet.dk
tel: 45882096

Company information

Official name
ECONET A/S
Personnel
33 persons
Established
1992
Company form
Limited company
Industry

About ECONET A/S

ECONET A/S (CVR number: 15887443) is a company from KØBENHAVN. The company recorded a gross profit of 6379.8 kDKK in 2023. The operating profit was 722.6 kDKK, while net earnings were 529.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ECONET A/S's liquidity measured by quick ratio was 2.1 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.

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 profit3 815.874 472.004 266.054 964.546 379.82
EBIT215.59-69.27- 202.01797.06722.63
Net earnings151.00-73.18- 192.63574.52529.85
Shareholders equity total786.94713.76307.37881.891 261.74
Balance sheet total (assets)2 114.632 663.742 252.802 857.922 978.76
Net debt- 768.94- 112.97692.5826.96-34.01
Profitability
EBIT-%
ROA11.3 %-2.9 %-8.2 %31.2 %24.9 %
ROE21.2 %-9.8 %-37.7 %96.6 %49.4 %
ROI28.2 %-8.4 %-22.2 %77.3 %61.4 %
Economic value added (EVA)146.53-55.64- 187.39607.30520.88
Solvency
Equity ratio37.2 %26.8 %13.6 %30.9 %42.4 %
Gearing1.3 %239.5 %9.0 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.21.52.1
Current ratio1.51.41.21.52.1
Cash and cash equivalents768.94121.9543.6952.1745.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:24.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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