ECONOVA A/S — Credit Rating and Financial Key Figures

CVR number: 28305540
Tonsbakken 16, 2740 Skovlunde
par.toms@meespiersonintertrust.com
tel: 44927500

Credit rating

Company information

Official name
ECONOVA A/S
Personnel
7 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ECONOVA A/S

ECONOVA A/S (CVR number: 28305540) is a company from BALLERUP. The company recorded a gross profit of 7401.7 kDKK in 2023. The operating profit was 1925.8 kDKK, while net earnings were 1228 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. ECONOVA A/S's liquidity measured by quick ratio was 1.8 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 profit6 502.396 549.016 445.997 274.267 401.74
EBIT1 214.81498.731 307.772 166.171 925.82
Net earnings854.00342.271 004.031 665.821 228.05
Shareholders equity total6 553.726 895.997 900.029 565.8410 793.89
Balance sheet total (assets)19 270.0319 262.4116 515.3921 543.0724 584.02
Net debt6 653.488 864.586 621.759 754.905 526.91
Profitability
EBIT-%
ROA4.5 %2.6 %7.3 %11.4 %8.4 %
ROE13.9 %5.1 %13.6 %19.1 %12.1 %
ROI5.4 %3.4 %8.7 %12.8 %10.8 %
Economic value added (EVA)655.4758.59670.911 286.251 019.30
Solvency
Equity ratio34.0 %35.8 %47.8 %44.4 %43.9 %
Gearing101.5 %128.5 %83.8 %102.0 %51.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.91.81.8
Current ratio1.51.51.91.81.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:8.35%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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