EKMO DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 327.00 | 68.00 | - 138.00 | 80.00 | -67.14 |
EBIT | 222.00 | 60.00 | - 156.00 | 66.00 | -80.47 |
Net earnings | 211.00 | 97.00 | - 109.00 | 83.00 | -38.47 |
Shareholders equity total | 1 103.00 | 1 001.00 | 892.00 | 974.00 | 936.13 |
Balance sheet total (assets) | 1 877.00 | 1 526.00 | 1 457.00 | 1 555.00 | 1 549.78 |
Net debt | - 334.00 | 302.00 | 527.00 | 481.00 | 577.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.9 % | 8.5 % | -8.0 % | 8.6 % | -1.7 % |
ROE | 20.1 % | 9.2 % | -11.5 % | 8.9 % | -4.0 % |
ROI | 23.5 % | 9.9 % | -8.1 % | 8.8 % | -1.7 % |
Economic value added (EVA) | 131.11 | 25.43 | - 161.02 | 8.84 | - 106.50 |
Solvency | |||||
Equity ratio | 58.8 % | 65.6 % | 61.2 % | 62.6 % | 60.4 % |
Gearing | 29.8 % | 49.9 % | 60.8 % | 57.1 % | 63.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.7 | 2.4 | 2.5 | 2.4 |
Current ratio | 2.4 | 2.8 | 2.5 | 2.6 | 2.5 |
Cash and cash equivalents | 663.00 | 197.00 | 15.00 | 75.00 | 11.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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