ECOTECK A/S — Credit Rating and Financial Key Figures

CVR number: 29795924
Kirkegårdsvej 1 C, Hørby 9500 Hobro
tel: 96464146

Credit rating

Company information

Official name
ECOTECK A/S
Personnel
12 persons
Established
2006
Domicile
Hørby
Company form
Limited company
Industry

About ECOTECK A/S

ECOTECK A/S (CVR number: 29795924) is a company from MARIAGERFJORD. The company recorded a gross profit of 3767.1 kDKK in 2023. The operating profit was 456.1 kDKK, while net earnings were 176.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. ECOTECK A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 311.323 045.603 915.183 127.403 767.07
EBIT-1 542.49504.94548.43- 278.48456.12
Net earnings-1 381.77167.61217.15- 344.46176.71
Shareholders equity total3 592.483 760.093 977.243 632.783 809.49
Balance sheet total (assets)13 770.9413 696.2413 586.2112 846.4314 160.39
Net debt6 490.976 184.775 995.296 292.115 868.43
Profitability
EBIT-%
ROA-8.1 %4.4 %5.3 %0.3 %4.2 %
ROE-42.1 %4.6 %5.6 %-9.1 %4.7 %
ROI-10.9 %5.9 %7.1 %0.4 %5.8 %
Economic value added (EVA)-1 492.90224.65214.23- 393.39143.40
Solvency
Equity ratio26.1 %27.5 %29.3 %28.3 %26.9 %
Gearing181.8 %165.0 %151.3 %174.4 %155.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.40.4
Current ratio1.31.31.41.41.3
Cash and cash equivalents39.2919.7422.0141.8854.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.21%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.