Credit rating
Company information
About ECO-PROGRESS A/S
ECO-PROGRESS A/S (CVR number: 30484673) is a company from KØBENHAVN. The company recorded a gross profit of 684.1 kDKK in 2023. The operating profit was -221.2 kDKK, while net earnings were -262.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -34.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ECO-PROGRESS A/S's liquidity measured by quick ratio was 0.6 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 | 1 146.14 | 994.06 | 939.48 | 687.12 | 684.13 |
EBIT | 497.71 | 62.45 | -39.57 | - 295.02 | - 221.17 |
Net earnings | 342.40 | 7.88 | -84.66 | - 291.72 | - 262.26 |
Shareholders equity total | 480.03 | 487.91 | 403.25 | 111.53 | - 150.73 |
Balance sheet total (assets) | 1 985.05 | 1 942.00 | 1 707.51 | 1 571.25 | 1 419.48 |
Net debt | 818.65 | 547.53 | 834.20 | 1 023.82 | 1 172.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.9 % | 3.2 % | -2.2 % | -18.0 % | -14.1 % |
ROE | 110.9 % | 1.6 % | -19.0 % | -113.3 % | -34.3 % |
ROI | 30.8 % | 4.2 % | -2.9 % | -23.0 % | -17.8 % |
Economic value added (EVA) | 355.82 | 7.82 | -63.71 | - 269.94 | - 207.50 |
Solvency | |||||
Equity ratio | 24.2 % | 25.1 % | 23.6 % | 7.1 % | -9.6 % |
Gearing | 230.6 % | 185.9 % | 222.5 % | 1002.1 % | -812.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.4 | 0.6 | 0.6 |
Current ratio | 1.4 | 1.5 | 1.5 | 1.6 | 1.4 |
Cash and cash equivalents | 288.39 | 359.66 | 62.84 | 93.76 | 51.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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