ECIT Group Services ApS — Credit Rating and Financial Key Figures

CVR number: 42261432
Friis Hansens Vej 5, 7100 Vejle

Company information

Official name
ECIT Group Services ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry

About ECIT Group Services ApS

ECIT Group Services ApS (CVR number: 42261432) is a company from VEJLE. The company recorded a gross profit of 1147.5 kDKK in 2023. The operating profit was -329.1 kDKK, while net earnings were -226.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -67.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. ECIT Group Services ApS's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit1 790.021 539.441 147.48
EBIT554.89-31.36- 329.15
Net earnings432.42-22.66- 226.53
Shareholders equity total472.42449.76223.23
Balance sheet total (assets)1 511.971 484.66454.97
Net debt487.57474.26-33.38
Profitability
EBIT-%
ROA36.7 %-1.8 %-28.6 %
ROE91.5 %-4.9 %-67.3 %
ROI56.7 %-2.7 %-44.8 %
Economic value added (EVA)432.57-48.40- 278.77
Solvency
Equity ratio31.2 %30.3 %49.1 %
Gearing107.3 %120.0 %12.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.42.0
Current ratio1.51.42.0
Cash and cash equivalents19.4365.6061.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-28.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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