HOUSE ETC ApS — Credit Rating and Financial Key Figures

CVR number: 29444455
Frydendal 2, Skelde 6310 Broager
jesper.hammerich@get2net.dk
tel: 39663838

Credit rating

Company information

Official name
HOUSE ETC ApS
Established
2006
Domicile
Skelde
Company form
Private limited company
Industry

About HOUSE ETC ApS

HOUSE ETC ApS (CVR number: 29444455) is a company from SØNDERBORG. The company recorded a gross profit of -30.6 kDKK in 2023. The operating profit was -30.6 kDKK, while net earnings were 140.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOUSE ETC ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit743.00-13.00-33.00-10.00-30.58
EBIT743.00-13.00-33.00-10.00-30.58
Net earnings671.0056.00155.00- 328.00140.94
Shareholders equity total2 092.001 423.001 577.001 250.001 391.19
Balance sheet total (assets)3 933.001 572.001 745.001 401.001 528.57
Net debt-3 541.0034.00-18.00- 136.00-71.77
Profitability
EBIT-%
ROA17.8 %3.4 %12.0 %1.5 %9.6 %
ROE29.7 %3.2 %10.3 %-23.2 %10.7 %
ROI30.8 %5.3 %12.9 %1.7 %10.5 %
Economic value added (EVA)819.5463.02-97.06-86.48-84.81
Solvency
Equity ratio53.2 %90.5 %90.4 %89.2 %91.0 %
Gearing0.0 %2.6 %2.3 %3.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.10.81.01.20.6
Current ratio2.10.81.01.20.6
Cash and cash equivalents3 542.003.0055.00173.0073.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.59%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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