EUROTECH EBELTOFT ApS — Credit Rating and Financial Key Figures

CVR number: 16668591
Martin Hansens Vej 21, 8400 Ebeltoft
tel: 86346888

Credit rating

Company information

Official name
EUROTECH EBELTOFT ApS
Personnel
2 persons
Established
1993
Company form
Private limited company
Industry

About EUROTECH EBELTOFT ApS

EUROTECH EBELTOFT ApS (CVR number: 16668591) is a company from SYDDJURS. The company recorded a gross profit of 941.3 kDKK in 2019. The operating profit was -18.4 kDKK, while net earnings were -175.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26 %, 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. EUROTECH EBELTOFT ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit2 045.241 649.201 830.39941.28
EBIT451.56539.38708.82-18.45
Net earnings146.80188.84410.04- 175.64
Shareholders equity total2 409.292 458.132 688.172 112.52
Balance sheet total (assets)8 658.598 382.458 470.808 131.75
Net debt3 830.853 675.233 865.513 951.49
Profitability
EBIT-%
ROA5.2 %6.3 %8.4 %-0.2 %
ROE6.1 %7.8 %15.9 %-7.3 %
ROI7.2 %8.7 %11.0 %-0.3 %
Economic value added (EVA)344.81161.22354.72- 206.30
Solvency
Equity ratio27.8 %29.3 %31.7 %26.0 %
Gearing159.3 %149.7 %143.8 %187.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.2
Current ratio1.31.31.31.1
Cash and cash equivalents6.924.760.504.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:-0.22%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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