EMITEC DENMARK A/S

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 the company

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
20162017201820192020
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 ratingBBBBBBBC

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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