EDISON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDISON ApS
EDISON ApS (CVR number: 27774792) is a company from FREDERIKSBERG. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was poor at -8.5 % (EBIT: -0.1 mDKK), while net earnings were -188.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. EDISON ApS's liquidity measured by quick ratio was 17.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 297.70 | 1 281.95 | 1 274.63 | 1 275.10 | 1 417.32 |
Gross profit | 1 056.02 | 873.46 | 965.52 | 973.57 | 978.86 |
EBIT | 1 156.02 | 8 973.46 | - 734.48 | 1 473.57 | - 121.14 |
Net earnings | 904.59 | 7 044.91 | - 497.94 | 1 247.65 | - 188.21 |
Shareholders equity total | 13 274.29 | 20 319.21 | 19 821.27 | 21 068.92 | 20 880.72 |
Balance sheet total (assets) | 26 835.52 | 35 633.95 | 34 773.18 | 36 191.32 | 35 781.72 |
Net debt | 10 032.78 | 10 034.00 | 10 035.00 | 10 036.01 | 10 035.98 |
Profitability | |||||
EBIT-% | 89.1 % | 700.0 % | -57.6 % | 115.6 % | -8.5 % |
ROA | 4.6 % | 29.0 % | -1.8 % | 4.6 % | 0.2 % |
ROE | 7.1 % | 41.9 % | -2.5 % | 6.1 % | -0.9 % |
ROI | 4.6 % | 29.2 % | -1.8 % | 4.6 % | 0.2 % |
Economic value added (EVA) | - 224.13 | 5 828.12 | -2 098.15 | - 350.90 | -1 657.50 |
Solvency | |||||
Equity ratio | 49.5 % | 57.0 % | 57.0 % | 58.2 % | 58.4 % |
Gearing | 75.6 % | 49.4 % | 50.6 % | 47.6 % | 48.1 % |
Relative net indebtedness % | 819.1 % | 826.2 % | 831.0 % | 834.7 % | 751.6 % |
Liquidity | |||||
Quick ratio | 6.3 | 10.5 | 13.3 | 14.8 | 17.7 |
Current ratio | 6.3 | 10.5 | 13.3 | 14.8 | 17.7 |
Cash and cash equivalents | 4.22 | 3.00 | 2.00 | 0.99 | 1.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 112.4 % | 171.7 % | 237.5 % | 306.5 % | 325.0 % |
Credit risk | |||||
Credit rating | AAA | AA | A | AA | A |
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