EMITEC DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 893.96 | 4 342.60 | 1 183.96 | 546.18 | - 195.87 |
EBIT | - 363.99 | 260.96 | 221.13 | 285.17 | - 438.42 |
Net earnings | 11 509.39 | 16 482.45 | - 104 853.05 | 630.95 | -4 561.68 |
Shareholders equity total | 311 046.53 | 327 528.98 | 28 535.93 | 11 666.88 | 7 105.20 |
Balance sheet total (assets) | 323 675.93 | 343 522.85 | 29 739.64 | 12 106.20 | 7 570.85 |
Net debt | 126.36 | -16 631.91 | -19 601.86 | -4 029.25 | -3 558.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.6 % | 6.4 % | 0.2 % | 1.4 % | -4.5 % |
ROE | 3.7 % | 5.2 % | -58.9 % | 3.1 % | -48.6 % |
ROI | 6.7 % | 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 ratio | 96.1 % | 95.3 % | 96.0 % | 96.4 % | 93.8 % |
Gearing | 0.1 % | 0.1 % | 2.9 % | 2.8 % | 2.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 89.1 | 151.7 | 27.6 | 16.3 | |
Current ratio | 89.1 | 151.7 | 27.6 | 16.3 | |
Cash and cash equivalents | 287.32 | 17 017.55 | 20 438.68 | 4 361.45 | 3 750.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | B |
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