Euro Economics XII ApS — Credit Rating and Financial Key Figures

CVR number: 40475370
Amaliegade 22, 1256 København K

Company information

Official name
Euro Economics XII ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 301.991 295.72463.50455.05720.04
EBIT1 374.98- 786.85- 668.97- 570.5423 163.02
Net earnings-3 905.03-6 636.10-6 792.59-7 821.7714 623.93
Shareholders equity total-3 089.45-9 725.55-16 518.14-24 339.90-9 715.97
Balance sheet total (assets)175 430.16174 002.29174 843.14198 773.28232 903.79
Net debt177 382.44159 718.17181 391.86219 419.87238 989.24
Profitability
EBIT-%
ROA1.1 %-0.2 %-0.2 %-0.2 %10.0 %
ROE-2.2 %-3.8 %-3.9 %-4.2 %6.8 %
ROI1.1 %-0.2 %-0.2 %-0.2 %10.1 %
Economic value added (EVA)1 374.98-2 345.80- 743.51-1 157.4722 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 ratio0.20.20.10.00.0
Current ratio0.20.20.10.00.0
Cash and cash equivalents333.1221 571.743 668.451 032.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:9.99%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.00%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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