Eco Log ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Eco Log ApS
Eco Log ApS (CVR number: 40571515) is a company from GREVE. The company recorded a gross profit of 11.8 mDKK in 2023. The operating profit was -1765.4 kDKK, while net earnings were -1781.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.6 %, which can be considered poor and Return on Equity (ROE) was -73.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Eco Log ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 215.73 | 1 659.48 | 1 724.30 | 3 226.92 | 11 844.86 |
EBIT | -91.10 | 590.35 | - 320.50 | 816.99 | -1 765.41 |
Net earnings | -91.33 | 457.32 | - 333.59 | 706.86 | -1 781.92 |
Shareholders equity total | 58.67 | 515.99 | 537.39 | 1 244.26 | - 537.66 |
Balance sheet total (assets) | 290.37 | 2 918.64 | 1 522.58 | 2 809.41 | 3 625.36 |
Net debt | - 210.12 | - 522.20 | - 302.15 | - 678.09 | - 386.67 |
Profitability | |||||
EBIT-% | |||||
ROA | -31.4 % | 36.8 % | -14.4 % | 37.7 % | -50.6 % |
ROE | -155.6 % | 159.2 % | -63.3 % | 79.3 % | -73.2 % |
ROI | -155.3 % | 205.5 % | -59.7 % | 89.6 % | -274.5 % |
Economic value added (EVA) | -91.10 | 467.83 | - 320.19 | 700.31 | -1 792.81 |
Solvency | |||||
Equity ratio | 20.2 % | 17.7 % | 35.3 % | 44.3 % | -12.9 % |
Gearing | 3.9 % | 1.7 % | -3.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 1.2 | 1.5 | 0.7 |
Current ratio | 1.3 | 1.2 | 1.2 | 1.5 | 0.7 |
Cash and cash equivalents | 210.12 | 522.20 | 323.10 | 699.04 | 407.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | C |
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