EDC KERTEMINDE A/S — Credit Rating and Financial Key Figures

CVR number: 19981835
Langegade 40 A, 5300 Kerteminde

Credit rating

Company information

Official name
EDC KERTEMINDE A/S
Personnel
4 persons
Established
1997
Company form
Limited company
Industry

About EDC KERTEMINDE A/S

EDC KERTEMINDE A/S (CVR number: 19981835) is a company from KERTEMINDE. The company recorded a gross profit of 740.7 kDKK in 2023. The operating profit was -19.6 kDKK, while net earnings were 113.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. EDC KERTEMINDE A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 970.222 679.692 254.001 120.00740.72
EBIT329.631 001.68678.00-27.00-19.59
Net earnings272.06805.43662.00- 214.00113.22
Shareholders equity total773.001 306.431 163.00289.00401.55
Balance sheet total (assets)1 398.173 130.461 872.001 151.001 018.16
Net debt- 538.41-1 871.86-1 517.00- 242.00- 420.01
Profitability
EBIT-%
ROA25.5 %46.4 %33.8 %-0.3 %12.3 %
ROE33.8 %77.5 %53.6 %-29.5 %32.8 %
ROI43.6 %96.3 %67.4 %-0.4 %21.1 %
Economic value added (EVA)241.83758.87565.94-6.19-4.31
Solvency
Equity ratio40.7 %36.9 %66.7 %34.0 %42.3 %
Gearing111.8 %62.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.63.01.81.7
Current ratio1.61.52.51.21.5
Cash and cash equivalents538.411 871.861 517.00565.00672.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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