ETISOFT NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 33251963
Tietgensvej 19, 8600 Silkeborg
jbp@etisoft.dk

Credit rating

Company information

Official name
ETISOFT NORDIC ApS
Personnel
5 persons
Established
2010
Company form
Private limited company
Industry

About ETISOFT NORDIC ApS

ETISOFT NORDIC ApS (CVR number: 33251963) is a company from SILKEBORG. The company recorded a gross profit of 3609.7 kDKK in 2024. The operating profit was 1039.8 kDKK, while net earnings were 813.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 104.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ETISOFT NORDIC ApS's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 592.182 574.742 952.302 850.263 609.67
EBIT770.64829.78989.50418.701 039.76
Net earnings594.64626.45741.61310.03813.66
Shareholders equity total681.21767.66909.27519.301 032.96
Balance sheet total (assets)3 136.963 438.053 900.792 213.595 486.74
Net debt-1 402.20- 642.59-1 367.72397.891 423.99
Profitability
EBIT-%
ROA34.0 %25.3 %27.1 %14.3 %28.0 %
ROE154.9 %86.5 %88.4 %43.4 %104.8 %
ROI195.0 %113.5 %117.4 %38.6 %47.4 %
Economic value added (EVA)593.08607.97729.31278.18741.32
Solvency
Equity ratio22.2 %22.7 %23.3 %23.5 %18.8 %
Gearing1.3 %1.1 %0.5 %158.7 %209.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.21.21.1
Current ratio1.31.31.31.31.2
Cash and cash equivalents1 410.75651.081 372.72426.48741.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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