EDC KERTEMINDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 970.22 | 2 679.69 | 2 254.00 | 1 120.00 | 740.72 |
EBIT | 329.63 | 1 001.68 | 678.00 | -27.00 | -19.59 |
Net earnings | 272.06 | 805.43 | 662.00 | - 214.00 | 113.22 |
Shareholders equity total | 773.00 | 1 306.43 | 1 163.00 | 289.00 | 401.55 |
Balance sheet total (assets) | 1 398.17 | 3 130.46 | 1 872.00 | 1 151.00 | 1 018.16 |
Net debt | - 538.41 | -1 871.86 | -1 517.00 | - 242.00 | - 420.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.5 % | 46.4 % | 33.8 % | -0.3 % | 12.3 % |
ROE | 33.8 % | 77.5 % | 53.6 % | -29.5 % | 32.8 % |
ROI | 43.6 % | 96.3 % | 67.4 % | -0.4 % | 21.1 % |
Economic value added (EVA) | 241.83 | 758.87 | 565.94 | -6.19 | -4.31 |
Solvency | |||||
Equity ratio | 40.7 % | 36.9 % | 66.7 % | 34.0 % | 42.3 % |
Gearing | 111.8 % | 62.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.6 | 3.0 | 1.8 | 1.7 |
Current ratio | 1.6 | 1.5 | 2.5 | 1.2 | 1.5 |
Cash and cash equivalents | 538.41 | 1 871.86 | 1 517.00 | 565.00 | 672.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.