ECIT Group Services ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 790.02 | 1 539.44 | 1 147.48 |
EBIT | 554.89 | -31.36 | - 329.15 |
Net earnings | 432.42 | -22.66 | - 226.53 |
Shareholders equity total | 472.42 | 449.76 | 223.23 |
Balance sheet total (assets) | 1 511.97 | 1 484.66 | 454.97 |
Net debt | 487.57 | 474.26 | -33.38 |
Profitability | |||
EBIT-% | |||
ROA | 36.7 % | -1.8 % | -28.6 % |
ROE | 91.5 % | -4.9 % | -67.3 % |
ROI | 56.7 % | -2.7 % | -44.8 % |
Economic value added (EVA) | 432.57 | -48.40 | - 278.77 |
Solvency | |||
Equity ratio | 31.2 % | 30.3 % | 49.1 % |
Gearing | 107.3 % | 120.0 % | 12.5 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.5 | 1.4 | 2.0 |
Current ratio | 1.5 | 1.4 | 2.0 |
Cash and cash equivalents | 19.43 | 65.60 | 61.25 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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