ETL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30566874
Vestervigvej 58, 7755 Bedsted Thy

Company information

Official name
ETL HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About ETL HOLDING ApS

ETL HOLDING ApS (CVR number: 30566874) is a company from THISTED. The company recorded a gross profit of -13 kDKK in 2024. The operating profit was -13 kDKK, while net earnings were 575.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETL HOLDING ApS's liquidity measured by quick ratio was 61.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-12.79-13.03-13.97-14.71-12.97
EBIT-12.79-13.03-13.97-14.71-12.97
Net earnings1 293.23830.321 032.55391.56575.48
Shareholders equity total3 357.794 075.125 013.265 334.825 840.30
Balance sheet total (assets)3 836.334 202.385 272.165 352.085 908.41
Net debt-1 384.16-1 650.52-2 180.02-2 601.24-3 323.92
Profitability
EBIT-%
ROA44.6 %21.5 %22.7 %8.4 %12.4 %
ROE46.7 %22.3 %22.7 %7.6 %10.3 %
ROI49.1 %23.0 %23.6 %8.6 %12.5 %
Economic value added (EVA)- 119.40- 182.85- 216.58- 263.59- 278.38
Solvency
Equity ratio87.5 %97.0 %95.1 %99.7 %98.8 %
Gearing2.5 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.419.512.7227.261.3
Current ratio4.419.512.7227.261.3
Cash and cash equivalents1 466.781 655.172 180.022 601.243 323.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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