EDC NIELS KOFOED OG IB SCHIERMER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDC NIELS KOFOED OG IB SCHIERMER A/S
EDC NIELS KOFOED OG IB SCHIERMER A/S (CVR number: 36203633) is a company from HERNING. The company recorded a gross profit of -32.9 kDKK in 2021. The operating profit was -239 kDKK, while net earnings were -260.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EDC NIELS KOFOED OG IB SCHIERMER A/S's liquidity measured by quick ratio was 2.9 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 080.81 | 6 322.18 | 6 752.35 | 6 605.28 | -32.86 |
EBIT | 715.31 | 662.98 | 855.79 | 3 458.38 | - 239.00 |
Net earnings | 386.97 | 391.60 | 585.47 | 2 645.41 | - 260.55 |
Shareholders equity total | 426.82 | 818.41 | 1 153.88 | 3 799.30 | 538.75 |
Balance sheet total (assets) | 8 508.43 | 6 246.77 | 5 642.22 | 7 831.79 | 829.65 |
Net debt | 5 087.85 | 3 123.98 | 1 543.19 | -6 326.83 | - 728.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.0 % | 9.0 % | 14.4 % | 51.3 % | -5.5 % |
ROE | 165.8 % | 62.9 % | 59.4 % | 106.8 % | -12.0 % |
ROI | 10.9 % | 13.2 % | 23.0 % | 82.1 % | -8.2 % |
Economic value added (EVA) | 449.17 | 451.86 | 623.44 | 2 639.24 | 1.95 |
Solvency | |||||
Equity ratio | 5.9 % | 14.6 % | 24.2 % | 48.5 % | 64.9 % |
Gearing | 1213.3 % | 381.7 % | 133.7 % | 38.3 % | 8.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 0.3 | 1.9 | 2.9 |
Current ratio | 0.4 | 0.1 | 0.2 | 1.9 | 2.9 |
Cash and cash equivalents | 90.59 | 7 780.54 | 775.86 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | B |
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