EXIDE TECHNOLOGIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EXIDE TECHNOLOGIES A/S
EXIDE TECHNOLOGIES A/S (CVR number: 52063612) is a company from VEJLE. The company reported a net sales of 243.7 mDKK in 2023, demonstrating a growth of 14 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 7.9 mDKK), while net earnings were 6417 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.3 %, 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. EXIDE TECHNOLOGIES A/S's liquidity measured by quick ratio was 2.3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 186.71 | 185.14 | 218.18 | 213.75 | 243.72 |
Gross profit | 32.65 | 29.37 | 35.61 | 32.62 | 37.63 |
EBIT | 32.65 | 29.37 | 6.96 | 5.57 | 7.86 |
Net earnings | 3.99 | 2.28 | 5.38 | 3.96 | 6.42 |
Shareholders equity total | 23.86 | 26.14 | 31.52 | 35.48 | 37.94 |
Balance sheet total (assets) | 53.93 | 53.40 | 54.93 | 62.06 | 67.33 |
Net debt | -0.69 | 0.41 | 1.74 | 4.33 | |
Profitability | |||||
EBIT-% | 17.5 % | 15.9 % | 3.2 % | 2.6 % | 3.2 % |
ROA | 63.2 % | 54.7 % | 13.9 % | 10.1 % | 13.9 % |
ROE | 16.2 % | 9.1 % | 18.7 % | 11.8 % | 17.5 % |
ROI | 63.2 % | 54.7 % | 15.7 % | 13.4 % | 19.3 % |
Economic value added (EVA) | 31.37 | 28.17 | 4.35 | 3.20 | 4.75 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 57.4 % | 57.2 % | 56.3 % |
Gearing | 30.0 % | 28.5 % | 21.1 % | ||
Relative net indebtedness % | -0.4 % | 6.1 % | 8.1 % | 10.1 % | |
Liquidity | |||||
Quick ratio | 2.4 | 2.3 | 2.3 | ||
Current ratio | 2.4 | 2.4 | 2.4 | ||
Cash and cash equivalents | 0.69 | 9.03 | 8.36 | 3.69 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.4 | 87.7 | 66.5 | ||
Net working capital % | 0.4 % | 14.8 % | 16.9 % | 15.9 % | |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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