EUROPEAN SEARCH COMPANY ApS

CVR number: 32322689
Avedøre Enghavevej 27, 2650 Hvidovre

Credit rating

Company information

Official name
EUROPEAN SEARCH COMPANY ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon78Employment activities

About the company

EUROPEAN SEARCH COMPANY ApS (CVR number: 32322689) is a company from HVIDOVRE. The company recorded a gross profit of 2510.2 kDKK in 2023. The operating profit was 1670.9 kDKK, while net earnings were 1299.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53 %, which can be considered excellent and Return on Equity (ROE) was 66.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.9 %, 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. EUROPEAN SEARCH COMPANY ApS's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 214.423 519.224 982.534 253.392 510.22
EBIT2 261.822 595.684 023.483 235.291 670.94
Net earnings1 754.252 036.613 104.462 451.151 299.30
Shareholders equity total1 834.252 116.613 184.462 531.161 379.30
Balance sheet total (assets)2 746.573 709.664 925.143 759.712 561.19
Net debt-1 547.57-2 506.29-3 481.20-2 480.37-1 214.65
Profitability
EBIT-%
ROA81.1 %81.2 %93.3 %74.5 %53.0 %
ROE100.8 %103.1 %117.1 %85.8 %66.5 %
ROI129.0 %129.0 %146.4 %108.2 %82.1 %
Economic value added (EVA)1 753.802 009.913 159.642 541.581 300.97
Solvency
Equity ratio66.8 %57.1 %64.7 %67.3 %53.9 %
Gearing1.6 %3.9 %3.5 %5.4 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.92.32.72.92.0
Current ratio2.92.32.72.92.0
Cash and cash equivalents1 576.602 588.133 592.112 616.031 226.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:53.0%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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