ECONEL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33746741
Markskellet 29, 8920 Randers NV
econelholding@gmail.com
tel: 21677033

Credit rating

Company information

Official name
ECONEL HOLDING ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon642110

About ECONEL HOLDING ApS

ECONEL HOLDING ApS (CVR number: 33746741) is a company from RANDERS. The company recorded a gross profit of -16.9 kDKK in 2023. The operating profit was -16.9 kDKK, while net earnings were 1099.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ECONEL HOLDING ApS's liquidity measured by quick ratio was 81 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.06-9.56-47.78-19.88-16.93
EBIT-12.06-9.56-47.78-19.88-16.93
Net earnings214.267 862.0920 188.491 603.931 099.89
Shareholders equity total3 197.2110 949.3027 137.7926 741.7227 041.61
Balance sheet total (assets)3 201.2110 953.3027 187.6826 898.4727 248.07
Net debt-1 401.76-9 160.25-4 178.83-18 936.56-16 309.82
Profitability
EBIT-%
ROA6.8 %111.8 %106.2 %7.0 %5.3 %
ROE6.8 %111.2 %106.0 %6.0 %4.1 %
ROI6.8 %111.8 %106.4 %7.0 %5.4 %
Economic value added (EVA)- 100.24-97.78- 137.16-1 266.61- 403.77
Solvency
Equity ratio99.9 %100.0 %99.8 %99.4 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio351.82 291.1442.4123.481.0
Current ratio351.82 291.1442.4123.481.0
Cash and cash equivalents1 401.769 160.254 178.8318 936.5616 309.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.32%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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