Ecs Business Solution IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ecs Business Solution IVS
Ecs Business Solution IVS (CVR number: 36689285) is a company from KOLDING. The company reported a net sales of 0.2 mDKK in 2019, demonstrating a decline of -39.4 % compared to the previous year. The operating profit percentage was poor at -23.5 % (EBIT: -0.1 mDKK), while net earnings were -61.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.9 %, which can be considered poor and Return on Equity (ROE) was -105.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. Ecs Business Solution IVS's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 432.95 | 409.27 | 410.43 | 248.83 |
Gross profit | 335.72 | 36.36 | 130.72 | -53.72 |
EBIT | 20.13 | 4.83 | 79.19 | -58.54 |
Net earnings | 14.82 | 0.39 | 60.44 | -61.66 |
Shareholders equity total | 28.39 | 28.78 | 89.21 | 27.55 |
Balance sheet total (assets) | 91.92 | 70.95 | 211.78 | 81.39 |
Net debt | -14.70 | -21.90 | -57.90 | -9.99 |
Profitability | ||||
EBIT-% | 4.7 % | 1.2 % | 19.3 % | -23.5 % |
ROA | 21.9 % | 5.9 % | 56.0 % | -39.9 % |
ROE | 52.2 % | 1.4 % | 102.4 % | -105.6 % |
ROI | 70.9 % | 16.9 % | 134.2 % | -100.3 % |
Economic value added (EVA) | 15.70 | 4.15 | 61.42 | -58.92 |
Solvency | ||||
Equity ratio | 30.9 % | 40.6 % | 42.1 % | 33.9 % |
Gearing | ||||
Relative net indebtedness % | 11.3 % | 5.0 % | 15.8 % | 17.6 % |
Liquidity | ||||
Quick ratio | 1.4 | 1.7 | 1.7 | 1.5 |
Current ratio | 1.4 | 1.7 | 1.7 | 1.5 |
Cash and cash equivalents | 14.70 | 21.90 | 57.90 | 9.99 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 62.6 | 41.1 | 134.2 | 56.3 |
Net working capital % | 6.6 % | 7.0 % | 21.7 % | 11.1 % |
Credit risk | ||||
Credit rating | B | BB | BB | BB |
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