Euro Economics IX ApS — Credit Rating and Financial Key Figures

CVR number: 38667629
Amaliegade 22, 1256 København K
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Credit rating

Company information

Official name
Euro Economics IX ApS
Established
2017
Company form
Private limited company
Industry

About Euro Economics IX ApS

Euro Economics IX ApS (CVR number: 38667629) is a company from KØBENHAVN. The company recorded a gross profit of 769.9 kDKK in 2024. The operating profit was 569.9 kDKK, while net earnings were -83.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.1 %, 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 IX ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit563.03613.20698.98854.80769.86
EBIT3 963.03813.20- 601.02- 645.20569.86
Net earnings2 765.81321.89- 722.56- 930.32-83.35
Shareholders equity total3 572.163 894.053 171.482 876.452 793.10
Balance sheet total (assets)23 765.6624 096.0322 610.6721 119.6021 270.06
Net debt18 823.7118 117.0417 765.0017 088.1317 393.25
Profitability
EBIT-%
ROA18.0 %3.4 %-2.6 %-2.9 %2.8 %
ROE126.3 %8.6 %-20.5 %-30.8 %-2.9 %
ROI18.4 %3.5 %-2.7 %-3.1 %2.9 %
Economic value added (EVA)2 092.39- 553.92-1 635.69-1 590.97- 582.64
Solvency
Equity ratio15.0 %16.2 %14.0 %13.6 %13.1 %
Gearing530.0 %470.3 %560.4 %594.6 %623.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents109.46195.409.1614.2728.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:2.76%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.1%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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