ed A/S
Credit rating
Company information
About ed A/S
ed A/S (CVR number: 27192920) is a company from AARHUS. The company reported a net sales of 397.1 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 4.5 mDKK), while net earnings were 3082.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ed A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 228.67 | 327.28 | 424.80 | 394.59 | 397.09 |
Gross profit | 228.67 | 327.28 | 424.80 | 47.43 | 50.40 |
EBIT | 4.94 | 4.36 | 8.36 | -0.57 | 4.52 |
Net earnings | 3.08 | 3.73 | 7.19 | -0.58 | 3.08 |
Shareholders equity total | 16.78 | 20.51 | 23.68 | 27.21 | 30.19 |
Balance sheet total (assets) | 75.31 | 75.46 | 114.40 | 98.21 | 92.80 |
Net debt | 30.20 | 16.05 | |||
Profitability | |||||
EBIT-% | 2.2 % | 1.3 % | 2.0 % | -0.1 % | 1.1 % |
ROA | 7.7 % | 5.8 % | 8.8 % | 0.8 % | 5.7 % |
ROE | 19.9 % | 20.0 % | 32.5 % | -2.3 % | 10.7 % |
ROI | 10.0 % | 5.8 % | 8.8 % | 1.0 % | 10.4 % |
Economic value added (EVA) | 4.24 | 3.52 | 7.32 | -1.79 | 2.25 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 27.9 % | 32.5 % |
Gearing | 112.3 % | 53.3 % | |||
Relative net indebtedness % | 17.9 % | 15.8 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | |||
Current ratio | 1.4 | 1.4 | |||
Cash and cash equivalents | 0.36 | 0.03 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.5 | 36.6 | |||
Net working capital % | 6.2 % | 6.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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