ELTRONIC FUELTECH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELTRONIC FUELTECH A/S
ELTRONIC FUELTECH A/S (CVR number: 39967413) is a company from HEDENSTED. The company reported a net sales of 298.2 mDKK in 2024, demonstrating a growth of 23.8 % compared to the previous year. The operating profit percentage was at 13.1 % (EBIT: 39.1 mDKK), while net earnings were 30.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent and Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELTRONIC FUELTECH A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 68.32 | 124.92 | 238.67 | 240.85 | 298.24 |
Gross profit | 27.28 | 54.18 | 111.56 | 92.39 | 112.80 |
EBIT | 8.01 | 29.03 | 58.05 | 33.29 | 39.09 |
Net earnings | 6.20 | 23.00 | 44.20 | 23.58 | 30.31 |
Shareholders equity total | 12.95 | 29.13 | 58.35 | 63.62 | 94.06 |
Balance sheet total (assets) | 43.38 | 71.52 | 124.57 | 122.51 | 170.26 |
Net debt | 0.47 | -0.49 | |||
Profitability | |||||
EBIT-% | 11.7 % | 23.2 % | 24.3 % | 13.8 % | 13.1 % |
ROA | 21.6 % | 50.5 % | 59.2 % | 25.1 % | 27.1 % |
ROE | 54.6 % | 109.3 % | 101.1 % | 38.7 % | 38.4 % |
ROI | 27.7 % | 50.5 % | 59.2 % | 31.6 % | 45.9 % |
Economic value added (EVA) | 7.53 | 28.38 | 56.59 | 23.16 | 27.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 51.9 % | 55.2 % |
Gearing | 0.9 % | 0.7 % | |||
Relative net indebtedness % | 21.5 % | 23.1 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | |||
Current ratio | 2.1 | 2.2 | |||
Cash and cash equivalents | 0.08 | 1.16 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.2 | 69.5 | |||
Net working capital % | 23.1 % | 27.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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