EC-PACK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EC-PACK ApS
EC-PACK ApS (CVR number: 20167971) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1957.4 kDKK in 2023. The operating profit was 730.7 kDKK, while net earnings were -661.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. EC-PACK ApS's liquidity measured by quick ratio was 1.9 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 | -65.79 | 138.21 | 907.10 | 1 347.89 | 1 957.38 |
EBIT | - 606.13 | - 813.83 | - 530.30 | - 202.55 | 730.72 |
Net earnings | 1 993.31 | 392.72 | - 217.23 | - 388.19 | - 661.25 |
Shareholders equity total | 53 693.05 | 51 585.77 | 50 868.54 | 50 365.95 | 49 586.65 |
Balance sheet total (assets) | 54 032.58 | 53 569.31 | 62 755.38 | 66 742.26 | 70 719.32 |
Net debt | -22 151.90 | -19 932.70 | 5 373.66 | 13 589.25 | 18 006.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 1.0 % | 0.3 % | 0.3 % | 0.6 % |
ROE | 3.8 % | 0.7 % | -0.4 % | -0.8 % | -1.3 % |
ROI | 5.1 % | 1.0 % | 0.3 % | 0.3 % | 0.6 % |
Economic value added (EVA) | -1 685.25 | -2 187.56 | -1 923.76 | -2 655.92 | -2 193.73 |
Solvency | |||||
Equity ratio | 99.4 % | 96.3 % | 81.1 % | 75.5 % | 70.1 % |
Gearing | 0.1 % | 2.9 % | 21.1 % | 30.3 % | 40.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 90.3 | 14.4 | 5.0 | 1.9 | 1.9 |
Current ratio | 90.3 | 14.5 | 5.0 | 1.9 | 1.9 |
Cash and cash equivalents | 22 214.35 | 21 416.35 | 5 354.37 | 1 650.09 | 2 021.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
Variable visualization
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