ETK EMS SKANDERBORG A/S — Credit Rating and Financial Key Figures

CVR number: 20177284
Industrivej 45, Stilling 8660 Skanderborg
tel: 87938600
Free credit report Annual report

Credit rating

Company information

Official name
ETK EMS SKANDERBORG A/S
Personnel
92 persons
Established
1997
Domicile
Stilling
Company form
Limited company
Industry

About ETK EMS SKANDERBORG A/S

ETK EMS SKANDERBORG A/S (CVR number: 20177284) is a company from SKANDERBORG. The company recorded a gross profit of 55.9 mEUR in 2024. The operating profit was 2803.1 kEUR, while net earnings were -416.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ETK EMS SKANDERBORG A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 364.537 668.306 045.5560 256.8855 938.32
EBIT1 522.421 717.68- 733.214 578.782 803.06
Net earnings1 139.001 261.30- 164.345 011.04- 416.46
Shareholders equity total3 686.234 947.534 384.3219 330.3718 913.91
Balance sheet total (assets)8 480.2317 224.6723 266.74139 866.80137 246.58
Net debt1 257.856 051.925 976.8533 411.6151 895.77
Profitability
EBIT-%
ROA17.6 %13.2 %3.1 %10.6 %4.8 %
ROE32.4 %29.2 %-3.5 %42.3 %-2.2 %
ROI26.3 %21.2 %5.3 %21.4 %8.9 %
Economic value added (EVA)837.471 126.87-1 076.505 641.78- 665.55
Solvency
Equity ratio43.5 %29.4 %21.8 %17.7 %16.1 %
Gearing34.8 %122.6 %189.6 %210.4 %276.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.80.80.5
Current ratio1.61.41.21.10.9
Cash and cash equivalents24.9914.002 337.057 255.42385.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:4.76%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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