DC EAST-TECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DC EAST-TECH ApS
DC EAST-TECH ApS (CVR number: 26929555) is a company from SKIVE. The company recorded a gross profit of 105.9 kDKK in 2021. The operating profit was -152 kDKK, while net earnings were -144.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.9 %, which can be considered poor and Return on Equity (ROE) was -28.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DC EAST-TECH ApS's liquidity measured by quick ratio was 9.2 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 | 655.86 | 234.78 | 155.98 | 76.80 | 105.91 |
EBIT | 333.48 | -78.95 | - 108.21 | - 196.98 | - 152.01 |
Net earnings | 264.82 | -55.32 | - 123.67 | - 190.13 | - 144.16 |
Shareholders equity total | 553.31 | 247.98 | 124.31 | 571.91 | 427.76 |
Balance sheet total (assets) | 655.24 | 435.40 | 453.38 | 620.07 | 479.81 |
Net debt | - 477.43 | - 249.83 | -0.72 | - 561.59 | - 249.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 60.4 % | -12.8 % | -23.4 % | -35.0 % | -25.9 % |
ROE | 56.2 % | -13.8 % | -66.4 % | -54.6 % | -28.8 % |
ROI | 72.5 % | -16.0 % | -28.6 % | -38.2 % | -28.5 % |
Economic value added (EVA) | 247.78 | -65.83 | - 118.39 | - 188.80 | - 152.53 |
Solvency | |||||
Equity ratio | 84.4 % | 57.0 % | 27.4 % | 92.2 % | 89.2 % |
Gearing | 27.7 % | 230.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.4 | 1.8 | 1.0 | 12.9 | 9.2 |
Current ratio | 6.4 | 2.3 | 1.4 | 12.9 | 9.2 |
Cash and cash equivalents | 477.43 | 318.42 | 287.20 | 561.59 | 249.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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