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EURO ECONOMICS ApS

CVR number: 32763138
Amaliegade 22, 1256 København K

Credit rating

Company information

Official name
EURO ECONOMICS ApS
Established
2010
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About the company

EURO ECONOMICS ApS (CVR number: 32763138K) is a company from KØBENHAVN. The company recorded a gross profit of 18 mDKK in 2022. The operating profit was -2742 kDKK, while net earnings were -15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EURO ECONOMICS ApS's liquidity measured by quick ratio was 0.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales46 203.00
Gross profit190 117.0025 828.009 200.0014 695.0017 965.00
EBIT187 714.0026 316.0052 405.0038 478.00-2 742.00
Net earnings116 737.00-7 690.0017 177.0015 874.00-15 115.00
Shareholders equity total116 004.00108 314.00125 490.00142 007.00126 892.00
Balance sheet total (assets)1 466 958.001 563 593.00839 847.00900 368.00874 745.00
Net debt1 230 002.001 313 949.00647 079.00679 481.00683 832.00
Profitability
EBIT-%406.3 %
ROA13.8 %1.8 %4.6 %4.4 %-0.3 %
ROE17.1 %-6.9 %14.7 %11.9 %-11.2 %
ROI14.1 %1.8 %4.8 %4.6 %-0.3 %
Economic value added (EVA)115 544.85-15 340.561 827.318 437.09-25 869.77
Solvency
Equity ratio7.9 %6.9 %15.0 %15.8 %14.5 %
Gearing1066.8 %1232.2 %516.4 %479.3 %540.1 %
Relative net indebtedness %2742.1 %
Liquidity
Quick ratio0.60.20.80.30.2
Current ratio0.60.20.70.30.2
Cash and cash equivalents7 552.0020 695.00921.001 224.001 513.00
Capital use efficiency
Trade debtors turnover (days)4.7
Net working capital %-52.6 %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:-0.31%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%

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Build time: 2024-07-12T11:31:01.854Z

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