EUROPEAN COMMERCE ApS

CVR number: 35650830
Systemvej 12, 9200 Aalborg SV

Credit rating

Company information

Official name
EUROPEAN COMMERCE ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About EUROPEAN COMMERCE ApS

EUROPEAN COMMERCE ApS (CVR number: 35650830) is a company from AALBORG. The company recorded a gross profit of -7.8 kDKK in 2023. The operating profit was -7.8 kDKK, while net earnings were 777.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.8 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROPEAN COMMERCE ApS's liquidity measured by quick ratio was 101.6 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 sales
Gross profit-3.00-4.00-5.00-4.94-7.81
EBIT-3.00-4.00-5.00-4.94-7.81
Net earnings254.01373.16461.35747.90777.56
Shareholders equity total1 255.411 528.571 869.922 437.822 861.98
Balance sheet total (assets)3 181.573 361.953 784.132 440.422 868.62
Net debt345.07339.00296.12- 364.29- 243.52
Profitability
EBIT-%
ROA9.1 %12.7 %13.6 %25.4 %29.8 %
ROE21.9 %26.8 %27.2 %34.7 %29.3 %
ROI18.6 %24.0 %23.5 %33.5 %29.8 %
Economic value added (EVA)8.1521.4736.0758.933.08
Solvency
Equity ratio39.5 %45.5 %49.4 %99.9 %99.8 %
Gearing27.5 %22.8 %21.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.2400.4101.6
Current ratio1.21.21.2400.4101.6
Cash and cash equivalents0.218.80107.60364.29243.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:29.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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