EKMO DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 31598389
Færgegårdvej 78, 5500 Middelfart
tel: 64402826

Credit rating

Company information

Official name
EKMO DEVELOPMENT ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon749990

About EKMO DEVELOPMENT ApS

EKMO DEVELOPMENT ApS (CVR number: 31598389) is a company from MIDDELFART. The company recorded a gross profit of -67.1 kDKK in 2023. The operating profit was -80.5 kDKK, while net earnings were -38.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. EKMO DEVELOPMENT ApS's liquidity measured by quick ratio was 2.4 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 profit327.0068.00- 138.0080.00-67.14
EBIT222.0060.00- 156.0066.00-80.47
Net earnings211.0097.00- 109.0083.00-38.47
Shareholders equity total1 103.001 001.00892.00974.00936.13
Balance sheet total (assets)1 877.001 526.001 457.001 555.001 549.78
Net debt- 334.00302.00527.00481.00577.97
Profitability
EBIT-%
ROA18.9 %8.5 %-8.0 %8.6 %-1.7 %
ROE20.1 %9.2 %-11.5 %8.9 %-4.0 %
ROI23.5 %9.9 %-8.1 %8.8 %-1.7 %
Economic value added (EVA)131.1125.43- 161.028.84- 106.50
Solvency
Equity ratio58.8 %65.6 %61.2 %62.6 %60.4 %
Gearing29.8 %49.9 %60.8 %57.1 %63.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.72.42.52.4
Current ratio2.42.82.52.62.5
Cash and cash equivalents663.00197.0015.0075.0011.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.72%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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