ETA ApS — Credit Rating and Financial Key Figures

CVR number: 39768666
Tingskovparken 9, 8310 Tranbjerg J

Credit rating

Company information

Official name
ETA ApS
Established
2018
Company form
Private limited company
Industry

About ETA ApS

ETA ApS (CVR number: 39768666) is a company from AARHUS. The company recorded a gross profit of -293.3 kDKK in 2023. The operating profit was -293.3 kDKK, while net earnings were 1715.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.1 %, which can be considered excellent and Return on Equity (ROE) was 67 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ETA ApS's liquidity measured by quick ratio was 2.4 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 profit-5.00-2.34-6.58-11.75- 293.33
EBIT-5.00-2.34-6.58-11.75- 293.33
Net earnings4.66-3.70-7.43-11.821 715.50
Shareholders equity total1 724.971 721.261 713.841 702.023 417.52
Balance sheet total (assets)3 442.153 447.233 423.333 420.135 462.68
Net debt1 682.901 483.481 524.161 545.53-3 005.66
Profitability
EBIT-%
ROA0.4 %0.1 %-0.0 %-0.2 %45.1 %
ROE0.3 %-0.2 %-0.4 %-0.7 %67.0 %
ROI0.4 %0.1 %-0.0 %-0.2 %46.7 %
Economic value added (EVA)-90.36-88.77-81.05-86.34- 369.44
Solvency
Equity ratio50.1 %49.9 %50.1 %49.8 %62.6 %
Gearing97.9 %98.4 %99.4 %100.5 %51.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.32.4
Current ratio0.30.30.30.32.4
Cash and cash equivalents5.00210.80178.56165.684 768.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:45.1%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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