ECONOMY ApS

CVR number: 26869838
Næsbyholmsvej 6 B, 2665 Vallensbæk Strand

Credit rating

Company information

Official name
ECONOMY ApS
Established
2002
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About the company

ECONOMY ApS (CVR number: 26869838) is a company from VALLENSBÆK. The company recorded a gross profit of -4.6 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were 47 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ECONOMY ApS's liquidity measured by quick ratio was 37.6 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 sales75.00
Gross profit66.8863.62-4.4913.23-4.64
EBIT66.8863.62-4.4913.23-4.64
Net earnings55.90150.7129.83-23.5047.05
Shareholders equity total214.17314.88344.71321.21368.26
Balance sheet total (assets)240.49349.35351.67331.01378.32
Net debt- 133.15- 339.50- 335.71- 303.60- 349.88
Profitability
EBIT-%89.2 %
ROA38.8 %57.1 %14.8 %12.1 %14.4 %
ROE30.0 %57.0 %9.0 %-7.1 %13.6 %
ROI42.2 %62.5 %15.5 %12.4 %14.8 %
Economic value added (EVA)54.6454.35-4.149.87-5.49
Solvency
Equity ratio89.1 %90.1 %98.0 %97.0 %97.3 %
Gearing3.0 %
Relative net indebtedness %-142.4 %
Liquidity
Quick ratio9.110.150.533.837.6
Current ratio9.110.150.533.837.6
Cash and cash equivalents133.15349.01335.71303.60349.88
Capital use efficiency
Trade debtors turnover (days)456.3
Net working capital %240.9 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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