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 270.5 mDKK in 2024, demonstrating a growth of 11 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 4.9 mDKK), while net earnings were 4124 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47 %, 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 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 185.14 | 218.18 | 213.75 | 243.72 | 270.50 |
| Gross profit | 29.37 | 35.61 | 32.62 | 37.63 | 38.85 |
| EBIT | 29.37 | 6.96 | 5.57 | 7.86 | 4.90 |
| Net earnings | 2.28 | 5.38 | 3.96 | 6.42 | 4.12 |
| Shareholders equity total | 26.14 | 31.52 | 35.48 | 37.94 | 35.65 |
| Balance sheet total (assets) | 53.40 | 54.93 | 62.06 | 67.33 | 75.80 |
| Net debt | -0.69 | 0.41 | 1.74 | 4.33 | 22.35 |
| Profitability | |||||
| EBIT-% | 15.9 % | 3.2 % | 2.6 % | 3.2 % | 1.8 % |
| ROA | 54.7 % | 13.9 % | 10.1 % | 13.9 % | 8.7 % |
| ROE | 9.1 % | 18.7 % | 11.8 % | 17.5 % | 11.2 % |
| ROI | 54.7 % | 15.7 % | 13.4 % | 19.3 % | 11.6 % |
| Economic value added (EVA) | 28.17 | 4.32 | 2.22 | 3.78 | 1.43 |
| Solvency | |||||
| Equity ratio | 100.0 % | 57.4 % | 57.2 % | 56.3 % | 47.0 % |
| Gearing | 30.0 % | 28.5 % | 21.1 % | 63.8 % | |
| Relative net indebtedness % | -0.4 % | 6.1 % | 8.1 % | 10.1 % | 14.3 % |
| Liquidity | |||||
| Quick ratio | 2.4 | 2.3 | 2.3 | 1.9 | |
| Current ratio | 2.4 | 2.4 | 2.4 | 1.9 | |
| Cash and cash equivalents | 0.69 | 9.03 | 8.36 | 3.69 | 0.40 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 63.4 | 87.7 | 66.5 | 69.4 | |
| Net working capital % | 0.4 % | 14.8 % | 16.9 % | 15.9 % | 13.5 % |
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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