Ecooking A/S — Credit Rating and Financial Key Figures

CVR number: 38271725
Gl. Skartved 11, 6091 Bjert
info@ecooking.dk

Credit rating

Company information

Official name
Ecooking A/S
Personnel
78 persons
Established
2016
Company form
Limited company
Industry

About Ecooking A/S

Ecooking A/S (CVR number: 38271725) is a company from KOLDING. The company recorded a gross profit of 26.5 mDKK in 2023. The operating profit was -23.7 mDKK, while net earnings were -38.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23.3 %, which can be considered poor and Return on Equity (ROE) was -77.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ecooking A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 239.0119 315.8613 120.11- 974.7726 530.00
EBIT6 983.539 050.66-25 776.97-50 395.66-23 679.52
Net earnings5 180.596 436.91-22 315.10-41 693.63-38 177.26
Shareholders equity total7 180.1213 617.0311 776.9012 558.33-10 618.93
Balance sheet total (assets)21 348.5245 580.39129 437.29106 870.1485 632.54
Net debt7 295.0919 067.1279 685.9075 079.5772 690.86
Profitability
EBIT-%
ROA44.9 %27.0 %-29.4 %-42.6 %-23.3 %
ROE112.9 %61.9 %-175.8 %-342.7 %-77.8 %
ROI63.5 %36.7 %-39.5 %-54.8 %-29.1 %
Economic value added (EVA)5 278.596 618.77-20 752.96-39 782.27-33 021.10
Solvency
Equity ratio34.5 %29.9 %9.1 %11.8 %-11.0 %
Gearing101.6 %152.4 %712.9 %602.4 %-688.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.00.40.60.4
Current ratio1.51.41.01.00.8
Cash and cash equivalents2.601 689.584 274.16573.20454.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:-23.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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