E3C Engineering & Construction ApS

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CVR 39576228Strandby Kirkevej 220, 6700 EsbjergConstruction of residential and non-residential buildings· NACE 4100Est. 2018 · 8 years old2 employees

Overview

E3C Engineering & Construction ApS is a Danish APS based in Esbjerg, operating in the Construction of residential and non-residential buildings sector. Incorporated in 2018, the company has 2 employees and reported revenue of DKK 518.0k in its latest annual filing.

Revenue 2022

518K DKK

−48% vs 2021

EBITDA margin

2.3 %

+112% vs 2021

Net profit 2022

6.4K DKK

+106% vs 2021

Key ratios

See full ratios →

49.3 %

Strong

Among the 40% highest rated companies in the industry

20182022

2.0×

Strong

Among the 40% highest rated companies in the industry

20182022

1.3 %

Weak

Among the 40% lowest rated companies in the industry

20182022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Revenue	518K DKK	-48%
EBITDA	12.2K DKK	+112%
Net profit	6.4K DKK	+106%
Total assets	496.7K DKK	+8%
Equity	244.9K DKK	0%
Employees	2	—

Contact

Address

Strandby Kirkevej 220, 6700 Esbjerg

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Financial development

In its most recent annual report (2022), E3C Engineering & Construction ApS reported revenue of DKK 518.0k, a decrease of 48% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of DKK 6.4k, and the EBITDA margin stood at 2.3%.

At the end of 2022, equity financed 49.3% of the balance sheet, and current assets covered short-term debt 2 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Revenue	518	996	2,482	2,236	1,048
Staff expenses	-0	-105	-707	-648	-231
EBITDA	12	-98	436	-47	52
Depreciation & amort.	-0	-0	-0	-0	-25
EBIT	12	-98	436	-47	27
Net financials	-4	-4	-8	-4	-0
Profit before tax	8	-103	428	-52	26
Tax	2	-0	95	-0	6
Net profit	6	-103	333	-52	21

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	497	459	925	221	106
Equity	245	246	348	25	76
Long-term debt	2	0	0	0	0
Short-term debt	250	213	577	196	29
Total debt	252	213	577	196	29

Financial ratios

5-year trend

EBITDA margin

2.3 %

20182022

Equity ratio

49.3 %

Strong

Among the 40% highest rated companies in the industry

20182022

Return on equity

2.6 %

Weak

Among the 30% lowest rated companies in the industry

20182022

Net profit margin

1.2 %

Weak

Among the 40% lowest rated companies in the industry

20182022

Asset turnover

1.04×

Weak

Among the 40% lowest rated companies in the industry

20182022

Debt / equity

1.03×

Average

Around the average of companies in the same industry

20182022

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 20% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 40% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 40% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 30% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverWeak

Among the 40% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-05-07 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


TT Tri Thong Nguyen Chief Executive Officer	Chief Executive Officer	2018 – 2023
SD Slavko Dudak Founder	Founder	2018 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Tri Thong Nguyen	Individual	50–66.65%	50–66.65%	2018
Slavko Dudak	Individual	50–66.65%	50–66.65%	2018

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of E3C Engineering & Construction ApS also hold positions in 3 other companies.

Person	Role here	Other companies
Tri Thong Nguyen	Chief Executive Officer	2 companies
Slavko Dudak	Founder	1 company

Frequently asked questions

What is the CVR number of E3C Engineering & Construction ApS?

E3C Engineering & Construction ApS is registered with CVR / Virk under CVR 39576228.

What is the revenue of E3C Engineering & Construction ApS?

E3C Engineering & Construction ApS reported revenue of DKK 518.0k in 2022.

How many employees does E3C Engineering & Construction ApS have?

E3C Engineering & Construction ApS employs 2 people as of the latest annual report.

Where is E3C Engineering & Construction ApS headquartered?

E3C Engineering & Construction ApS's registered address is Strandby Kirkevej 220.