ETAC A/S — Credit Rating and Financial Key Figures

CVR number: 10313082
Parallelvej 3, 8751 Gedved
tel: 79685833

Credit rating

Company information

Official name
ETAC A/S
Personnel
42 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ETAC A/S

ETAC A/S (CVR number: 10313082) is a company from HORSENS. The company recorded a gross profit of 32.1 mDKK in 2023. The operating profit was 9482.9 kDKK, while net earnings were 7928.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ETAC A/S's liquidity measured by quick ratio was 2.1 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 profit28 410.4128 749.9133 564.9628 285.8332 147.78
EBIT7 395.867 095.3911 592.907 280.669 482.92
Net earnings5 737.695 521.879 022.435 664.867 928.38
Shareholders equity total22 683.2522 467.4325 967.9922 610.4224 873.94
Balance sheet total (assets)39 812.6840 518.0041 480.0839 241.7546 305.05
Net debt11 032.808 027.084 701.099 174.596 452.05
Profitability
EBIT-%
ROA18.5 %17.7 %28.3 %18.1 %23.8 %
ROE25.6 %24.5 %37.3 %23.3 %33.4 %
ROI22.1 %21.3 %36.8 %23.4 %32.3 %
Economic value added (EVA)4 633.564 390.907 905.474 363.716 255.84
Solvency
Equity ratio57.0 %55.5 %63.6 %58.8 %54.5 %
Gearing48.6 %35.7 %18.1 %40.6 %25.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.12.62.32.1
Current ratio2.32.42.72.32.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.5%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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