Credit rating
Company information
About EDC Tørring & Give ApS
EDC Tørring & Give ApS (CVR number: 41015039) is a company from HEDENSTED. The company recorded a gross profit of 2263.4 kDKK in 2023. The operating profit was -103.8 kDKK, while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. EDC Tørring & Give ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 100.34 | 4 211.45 | 2 548.90 | 2 263.42 |
EBIT | 740.83 | 1 583.68 | -23.73 | - 103.76 |
Net earnings | 510.67 | 1 196.81 | 85.91 | -19.80 |
Shareholders equity total | 560.67 | 1 257.48 | 1 343.39 | 1 243.59 |
Balance sheet total (assets) | 4 004.99 | 4 582.86 | 1 844.02 | 2 011.52 |
Net debt | -1 591.04 | -2 536.55 | - 417.06 | - 936.18 |
Profitability | ||||
EBIT-% | ||||
ROA | 19.5 % | 41.9 % | 3.5 % | -1.4 % |
ROE | 91.1 % | 131.7 % | 6.6 % | -1.5 % |
ROI | 139.3 % | 197.9 % | 8.6 % | -2.1 % |
Economic value added (EVA) | 573.71 | 1 270.31 | 43.95 | - 118.30 |
Solvency | ||||
Equity ratio | 14.5 % | 28.6 % | 76.6 % | 62.5 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 0.9 | 1.5 | 1.4 |
Current ratio | 0.6 | 0.9 | 1.2 | 1.4 |
Cash and cash equivalents | 1 591.04 | 2 536.55 | 417.06 | 936.18 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BBB | BB |
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