Ege Carpets A/S — Credit Rating and Financial Key Figures

CVR number: 38454218
Industrivej Nord 25, 7400 Herning

Credit rating

Company information

Official name
Ege Carpets A/S
Personnel
354 persons
Established
1951
Company form
Limited company
Industry

About Ege Carpets A/S

Ege Carpets A/S (CVR number: 38454218K) is a company from HERNING. The company reported a net sales of 1117.2 mDKK in 2024, demonstrating a decline of -7.4 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 36.5 mDKK), while net earnings were 18.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ege Carpets A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 085.311 163.441 206.251 117.17
Gross profit419.99427.50449.94433.13
EBIT14.0019.7157.0169.8136.53
Net earnings-2.4237.6543.2718.40
Shareholders equity total432.40430.71455.29479.36478.84
Balance sheet total (assets)1 014.00960.26959.97968.69933.81
Net debt-51.03244.35208.64170.55183.30
Profitability
EBIT-%1.8 %4.9 %5.8 %3.3 %
ROA1.3 %2.0 %5.9 %7.3 %4.0 %
ROE-0.6 %8.5 %9.3 %3.8 %
ROI1.3 %2.3 %8.1 %10.2 %5.6 %
Economic value added (EVA)-14.83-7.737.5713.98-11.18
Solvency
Equity ratio100.0 %44.9 %48.1 %50.0 %51.7 %
Gearing62.8 %54.1 %43.3 %45.0 %
Relative net indebtedness %46.4 %40.1 %37.5 %37.9 %
Liquidity
Quick ratio0.60.80.80.7
Current ratio1.61.81.81.9
Cash and cash equivalents51.0326.1737.6737.0131.98
Capital use efficiency
Trade debtors turnover (days)41.745.247.041.6
Net working capital %16.9 %19.7 %19.5 %22.3 %
Credit risk
Credit ratingBBBAAAAAAAAAAA

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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