3E Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 3E Denmark ApS
3E Denmark ApS (CVR number: 26916003) is a company from KØBENHAVN. The company reported a net sales of 8.8 mEUR in 2024, demonstrating a decline of -22.5 % compared to the previous year. The operating profit percentage was at 19.6 % (EBIT: 1.7 mEUR), while net earnings were -313.3 kEUR. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -58.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 3E Denmark ApS's liquidity measured by quick ratio was 0.4 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11 950.00 | 11 410 049.00 | 11 088.87 | 11 300.48 | 8 755.02 |
Gross profit | 2 915.00 | 2 837 913.00 | -7 796.78 | 5 557.26 | 3 342.00 |
EBIT | 541.00 | 837 774.00 | -10 497.27 | 2 463.73 | 1 718.27 |
Net earnings | 542.00 | 41 812.00 | -10 204.16 | 1 989.01 | - 313.31 |
Shareholders equity total | 4 663.00 | 4 705 629.00 | -9 898.53 | -7 909.51 | -8 222.82 |
Balance sheet total (assets) | 18 556.00 | 22 548 481.00 | 14 070.01 | 6 716.22 | 5 835.11 |
Net debt | -2 035.00 | 7 198 579.00 | 10 824.47 | 6 758.27 | 9 098.12 |
Profitability | |||||
EBIT-% | 4.5 % | 7.3 % | -94.7 % | 21.8 % | 19.6 % |
ROA | 4.4 % | 7.4 % | -0.1 % | 13.3 % | 12.0 % |
ROE | 12.3 % | 1.8 % | -0.4 % | 19.1 % | -5.0 % |
ROI | 5.8 % | 8.8 % | -0.1 % | 18.8 % | 17.5 % |
Economic value added (EVA) | - 176.08 | 652 362.04 | - 962 015.11 | 1 494.99 | 1 332.03 |
Solvency | |||||
Equity ratio | 25.1 % | 20.9 % | -41.3 % | -54.1 % | -58.5 % |
Gearing | 209.7 % | 302.3 % | -185.3 % | -112.7 % | -130.2 % |
Relative net indebtedness % | 17.4 % | 94.8 % | 148.3 % | 110.3 % | 142.2 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 0.6 | 0.5 | 0.4 |
Current ratio | 1.3 | 1.3 | 0.6 | 0.5 | 0.4 |
Cash and cash equivalents | 11 811.00 | 7 028 685.00 | 7 515.89 | 2 156.41 | 1 606.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.5 | 47.7 | 130.6 | 92.1 | 96.6 |
Net working capital % | 38.4 % | 40.5 % | -89.5 % | -70.3 % | -94.2 % |
Credit risk | |||||
Credit rating | A | A | BB | BBB | BBB |
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