EUROPEAN HOUSE OF QUALITY ApS

CVR number: 21477273
Morbærvænget 16, 8340 Malling
tel: 86933321

Credit rating

Company information

Official name
EUROPEAN HOUSE OF QUALITY ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

EUROPEAN HOUSE OF QUALITY ApS (CVR number: 21477273) is a company from AARHUS. The company recorded a gross profit of 1667.9 kDKK in 2023. The operating profit was 1101.3 kDKK, while net earnings were 871.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.7 %, which can be considered excellent and Return on Equity (ROE) was 74.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EUROPEAN HOUSE OF QUALITY ApS's liquidity measured by quick ratio was 4.4 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 profit1 779.971 813.871 715.291 957.381 667.91
EBIT1 016.281 230.561 207.931 403.901 101.29
Net earnings783.89937.00943.361 074.79871.81
Shareholders equity total986.441 139.341 145.701 277.491 075.30
Balance sheet total (assets)1 756.872 020.022 044.032 297.681 634.98
Net debt-1 318.75-1 429.68-1 058.79-1 838.84-1 386.89
Profitability
EBIT-%
ROA80.4 %65.5 %59.8 %64.9 %57.7 %
ROE113.4 %88.2 %82.6 %88.7 %74.1 %
ROI148.4 %116.3 %106.4 %116.3 %96.5 %
Economic value added (EVA)783.84976.55958.041 090.65884.16
Solvency
Equity ratio56.1 %56.4 %56.1 %55.6 %65.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.13.13.12.34.4
Current ratio3.13.13.12.34.4
Cash and cash equivalents1 318.751 429.681 058.791 838.841 386.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:57.7%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:12.200Z

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