ECODEL A/S — Credit Rating and Financial Key Figures

CVR number: 25667352
Niels Jernes Vej 10, 9220 Aalborg Øst
bgo@ecodel.com
tel: 22234322
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Credit rating

Company information

Official name
ECODEL A/S
Personnel
8 persons
Established
2013
Company form
Limited company
Industry

About ECODEL A/S

ECODEL A/S (CVR number: 25667352) is a company from AALBORG. The company recorded a gross profit of 4376.9 kDKK in 2024. The operating profit was 1802 kDKK, while net earnings were 1404.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 61.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. ECODEL A/S's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 116.123 028.622 387.853 101.484 376.94
EBIT1 318.951 511.27838.761 413.341 801.98
Net earnings1 041.261 169.75637.521 101.841 404.72
Shareholders equity total1 867.252 099.261 586.332 108.692 483.34
Balance sheet total (assets)3 886.634 419.743 760.174 761.815 853.99
Net debt- 909.80-1 893.19-1 357.25-1 086.95-1 157.07
Profitability
EBIT-%
ROA38.1 %36.4 %20.5 %33.2 %34.0 %
ROE63.1 %59.0 %34.6 %59.6 %61.2 %
ROI67.8 %67.4 %41.1 %68.6 %71.1 %
Economic value added (EVA)964.191 076.23537.361 012.451 288.73
Solvency
Equity ratio48.0 %47.5 %42.2 %44.3 %42.4 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.01.61.81.8
Current ratio2.22.01.61.81.8
Cash and cash equivalents909.801 893.191 357.251 086.951 162.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:34.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

Companies in the same industry

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