ELECTROCELL A/S — Credit Rating and Financial Key Figures

CVR number: 28105835
Vennelystvej 1, 6880 Tarm
jst@jst.dk
tel: 97374499

Credit rating

Company information

Official name
ELECTROCELL A/S
Established
2004
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About ELECTROCELL A/S

ELECTROCELL A/S (CVR number: 28105835) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2213.9 kDKK in 2023. The operating profit was 752.6 kDKK, while net earnings were 587.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. ELECTROCELL A/S's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit137.291 267.551 757.762 102.882 213.88
EBIT9.01242.73611.97368.22752.62
Net earnings5.10195.23464.54284.31587.84
Shareholders equity total3 219.623 414.853 879.394 163.714 751.55
Balance sheet total (assets)3 725.254 527.464 883.805 318.856 162.01
Net debt- 491.09-1 066.73-1 345.97-1 789.88-1 358.15
Profitability
EBIT-%
ROA0.2 %5.9 %13.0 %7.2 %13.2 %
ROE0.2 %5.9 %12.7 %7.1 %13.2 %
ROI0.3 %6.7 %14.7 %8.3 %15.8 %
Economic value added (EVA)-83.3255.20386.63185.02483.75
Solvency
Equity ratio86.4 %75.4 %79.4 %78.3 %77.1 %
Gearing1.9 %15.9 %12.9 %7.7 %6.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.72.12.11.6
Current ratio7.14.04.74.44.3
Cash and cash equivalents551.091 609.731 845.972 109.881 683.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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