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 616.6 kDKK in 2024. The operating profit was -220.5 kDKK, while net earnings were -125 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -36.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EDC KERTEMINDE A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 679.69 | 2 254.00 | 1 120.00 | 740.72 | 616.62 |
EBIT | 1 001.68 | 678.00 | -27.00 | -19.59 | - 220.55 |
Net earnings | 805.43 | 662.00 | - 214.00 | 113.22 | - 125.00 |
Shareholders equity total | 1 306.43 | 1 163.00 | 289.00 | 401.55 | 276.55 |
Balance sheet total (assets) | 3 130.46 | 1 872.00 | 1 151.00 | 1 018.16 | 875.88 |
Net debt | -1 871.86 | -1 517.00 | - 242.00 | - 420.01 | - 372.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 46.4 % | 33.8 % | -0.3 % | 12.3 % | -16.2 % |
ROE | 77.5 % | 53.6 % | -29.5 % | 32.8 % | -36.9 % |
ROI | 96.3 % | 67.4 % | -0.4 % | 21.1 % | -26.1 % |
Economic value added (EVA) | 706.65 | 445.44 | -82.67 | -48.94 | - 195.71 |
Solvency | |||||
Equity ratio | 36.9 % | 66.7 % | 34.0 % | 42.3 % | 33.0 % |
Gearing | 111.8 % | 62.8 % | 88.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 3.0 | 1.8 | 1.6 | 1.4 |
Current ratio | 1.5 | 2.5 | 1.2 | 1.4 | 1.3 |
Cash and cash equivalents | 1 871.86 | 1 517.00 | 565.00 | 672.15 | 617.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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