EMITEC DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 29195714
Haraldsvej 60 A, 8960 Randers SØ
finn.frederiksen@continental-corporation.com
tel: 87125819

Credit rating

Company information

Official name
EMITEC DENMARK A/S
Personnel
1 person
Established
2005
Company form
Limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About EMITEC DENMARK A/S

EMITEC DENMARK A/S (CVR number: 29195714) is a company from RANDERS. The company recorded a gross profit of -195.9 kDKK in 2020. The operating profit was -438.4 kDKK, while net earnings were -4561.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -48.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EMITEC DENMARK A/S's liquidity measured by quick ratio was 16.3 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit7 893.964 342.601 183.96546.18- 195.87
EBIT- 363.99260.96221.13285.17- 438.42
Net earnings11 509.3916 482.45- 104 853.05630.95-4 561.68
Shareholders equity total311 046.53327 528.9828 535.9311 666.887 105.20
Balance sheet total (assets)323 675.93343 522.8529 739.6412 106.207 570.85
Net debt126.36-16 631.91-19 601.86-4 029.25-3 558.57
Profitability
EBIT-%
ROA6.6 %6.4 %0.2 %1.4 %-4.5 %
ROE3.7 %5.2 %-58.9 %3.1 %-48.6 %
ROI6.7 %6.5 %0.2 %1.4 %-4.5 %
Economic value added (EVA)- 258.43-15 414.50-15 421.39- 204.41- 678.38
Solvency
Equity ratio96.1 %95.3 %96.0 %96.4 %93.8 %
Gearing0.1 %0.1 %2.9 %2.8 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio89.1151.727.616.3
Current ratio89.1151.727.616.3
Cash and cash equivalents287.3217 017.5520 438.684 361.453 750.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-4.46%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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