Credit rating
Company information
About EET Danmark A/S
EET Danmark A/S (CVR number: 33946201) is a company from RUDERSDAL. The company recorded a gross profit of 42.4 mDKK in 2023. The operating profit was -24.4 mDKK, while net earnings were -25.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -24.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. EET Danmark A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 48 365.00 | 52 180.00 | 58 824.00 | 50 176.00 | 42 365.00 |
EBIT | 19 105.00 | 24 057.00 | 28 830.00 | 14 042.00 | -24 384.00 |
Net earnings | 14 023.00 | 17 870.00 | 21 534.00 | 8 743.00 | -25 229.00 |
Shareholders equity total | 33 038.00 | 35 907.00 | 39 941.00 | 18 684.00 | 185 621.00 |
Balance sheet total (assets) | 95 021.00 | 99 878.00 | 107 239.00 | 97 235.00 | 264 725.00 |
Net debt | 65 420.00 | 50 708.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 19.1 % | 24.7 % | 27.8 % | 13.8 % | -13.6 % |
ROE | 49.2 % | 51.8 % | 56.8 % | 29.8 % | -24.7 % |
ROI | 20.1 % | 24.7 % | 27.8 % | 14.5 % | -14.8 % |
Economic value added (EVA) | 17 898.25 | 22 396.84 | 27 025.67 | 7 081.59 | -24 426.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 19.2 % | 70.1 % |
Gearing | 361.4 % | 29.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | |||
Current ratio | 1.3 | 1.5 | |||
Cash and cash equivalents | 2 103.00 | 4 012.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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