ECO Cover ApS — Credit Rating and Financial Key Figures

CVR number: 39016494
Håndværkervej 4, Haverslev 9610 Nørager
info@ecocover.nu
ecocover.nu

Credit rating

Company information

Official name
ECO Cover ApS
Personnel
3 persons
Established
2017
Domicile
Haverslev
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ECO Cover ApS

ECO Cover ApS (CVR number: 39016494) is a company from REBILD. The company recorded a gross profit of 905.2 kDKK in 2023. The operating profit was 151 kDKK, while net earnings were 118.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ECO Cover ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit120.75435.81404.10794.63905.16
EBIT- 153.91-76.42344.96247.10151.03
Net earnings- 156.39- 101.09321.15195.98118.14
Shareholders equity total39.16-61.94259.21455.19573.33
Balance sheet total (assets)223.71578.97704.63968.841 641.75
Net debt73.32383.38169.22- 427.87- 383.05
Profitability
EBIT-%
ROA-49.9 %-17.0 %51.7 %30.4 %11.9 %
ROE-133.3 %-32.7 %76.6 %54.9 %23.0 %
ROI-96.8 %-29.7 %85.6 %55.6 %26.6 %
Economic value added (EVA)- 154.50-78.39327.86179.66116.55
Solvency
Equity ratio17.5 %-9.7 %36.8 %47.0 %34.9 %
Gearing187.2 %-619.0 %65.3 %6.8 %19.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.61.41.1
Current ratio1.00.91.61.91.5
Cash and cash equivalents458.67493.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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