Ethicos ApS — Credit Rating and Financial Key Figures

CVR number: 26861373
Peter Bangs Vej 261, 2500 Valby

Company information

Official name
Ethicos ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About Ethicos ApS

Ethicos ApS (CVR number: 26861373) is a company from KØBENHAVN. The company recorded a gross profit of 2305.8 kDKK in 2023. The operating profit was 2132.3 kDKK, while net earnings were 2767.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.5 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ethicos ApS's liquidity measured by quick ratio was 5.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit55.93420.872 769.771 485.612 305.80
EBIT660.4134.86-46.331 337.612 132.31
Net earnings932.501 063.35524.571 889.162 767.66
Shareholders equity total4 648.016 281.655 110.106 899.269 576.92
Balance sheet total (assets)6 974.798 890.087 973.098 228.4510 272.99
Net debt722.69166.011 458.04537.35-1 106.19
Profitability
EBIT-%
ROA18.2 %13.7 %19.5 %29.0 %37.5 %
ROE20.6 %19.5 %9.2 %31.5 %33.6 %
ROI18.7 %13.9 %9.5 %31.9 %39.2 %
Economic value added (EVA)526.33- 121.79- 292.51814.661 266.41
Solvency
Equity ratio66.7 %70.7 %64.2 %83.8 %93.2 %
Gearing23.9 %5.9 %30.4 %9.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.94.30.20.95.3
Current ratio0.94.30.20.95.3
Cash and cash equivalents390.00203.3596.4697.821 106.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:37.5%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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