Euro Economics XII ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Euro Economics XII ApS
Euro Economics XII ApS (CVR number: 40475370) is a company from KØBENHAVN. The company recorded a gross profit of 720 kDKK in 2023. The operating profit was 23.2 mDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Euro Economics XII ApS's liquidity measured by quick ratio was 0 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 301.99 | 1 295.72 | 463.50 | 455.05 | 720.04 |
EBIT | 1 374.98 | - 786.85 | - 668.97 | - 570.54 | 23 163.02 |
Net earnings | -3 905.03 | -6 636.10 | -6 792.59 | -7 821.77 | 14 623.93 |
Shareholders equity total | -3 089.45 | -9 725.55 | -16 518.14 | -24 339.90 | -9 715.97 |
Balance sheet total (assets) | 175 430.16 | 174 002.29 | 174 843.14 | 198 773.28 | 232 903.79 |
Net debt | 177 382.44 | 159 718.17 | 181 391.86 | 219 419.87 | 238 989.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | -0.2 % | -0.2 % | -0.2 % | 10.0 % |
ROE | -2.2 % | -3.8 % | -3.9 % | -4.2 % | 6.8 % |
ROI | 1.1 % | -0.2 % | -0.2 % | -0.2 % | 10.1 % |
Economic value added (EVA) | 1 374.98 | -2 345.80 | - 743.51 | -1 157.47 | 22 881.38 |
Solvency | |||||
Equity ratio | -1.7 % | -5.3 % | -8.6 % | -10.9 % | -4.0 % |
Gearing | -5752.3 % | -1864.1 % | -1120.3 % | -905.7 % | -2459.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 |
Current ratio | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 |
Cash and cash equivalents | 333.12 | 21 571.74 | 3 668.45 | 1 032.60 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
Variable visualization
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