EICO Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42447897
Østergade 118, 9700 Brønderslev

Company information

Official name
EICO Holding ApS
Established
2021
Company form
Private limited company
Industry

About EICO Holding ApS

EICO Holding ApS (CVR number: 42447897K) is a company from Brønderslev. The company recorded a gross profit of 32.3 mDKK in 2023. The operating profit was -5282.4 kDKK, while net earnings were -10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. EICO Holding ApS'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
2020
2021
2022
2023
Volume
Net sales
Gross profit36 503.0749 237.7849 267.8532 314.25
EBIT15 729.2820 459.8112 048.50-5 282.36
Net earnings10 578.2613 652.657 277.93-10 161.96
Shareholders equity total18 533.2588 179.6883 396.8172 968.81
Balance sheet total (assets)61 915.43218 145.29217 320.36184 334.46
Net debt-1 136.5467 764.3867 813.7767 220.47
Profitability
EBIT-%
ROA25.4 %14.6 %5.5 %-2.6 %
ROE57.1 %25.6 %8.5 %-13.0 %
ROI74.1 %22.6 %7.6 %-3.5 %
Economic value added (EVA)12 038.7113 462.822 269.62-12 366.77
Solvency
Equity ratio29.9 %40.4 %38.4 %45.1 %
Gearing8.7 %79.5 %88.5 %93.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.50.4
Current ratio1.41.11.31.2
Cash and cash equivalents2 755.412 375.335 963.171 152.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-2.62%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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