EUROTEAM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROTEAM A/S
EUROTEAM A/S (CVR number: 37912816) is a company from AARHUS. The company recorded a gross profit of -387.9 kDKK in 2023. The operating profit was -387.9 kDKK, while net earnings were 55.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 75.6 %, which can be considered excellent and Return on Equity (ROE) was 79 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROTEAM A/S's liquidity measured by quick ratio was 24.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 627.12 | 2 109.42 | 3 595.58 | ||
Gross profit | - 103.43 | 1 374.76 | 2 820.81 | 1 094.29 | - 387.91 |
EBIT | - 103.43 | 1 374.76 | 2 820.81 | 1 094.29 | - 387.91 |
Net earnings | 7 711.64 | 8 353.65 | 9 415.21 | 11 873.51 | 55 868.87 |
Shareholders equity total | 13 140.08 | 21 465.27 | 30 886.32 | 42 792.19 | 98 661.06 |
Balance sheet total (assets) | 23 618.47 | 31 507.94 | 35 363.38 | 45 566.70 | 102 819.26 |
Net debt | 10 375.35 | 9 789.08 | 4 326.16 | 2 442.91 | -43 114.78 |
Profitability | |||||
EBIT-% | -16.5 % | 65.2 % | 78.5 % | ||
ROA | 42.5 % | 32.5 % | 29.4 % | 30.4 % | 75.6 % |
ROE | 83.0 % | 48.3 % | 36.0 % | 32.2 % | 79.0 % |
ROI | 42.7 % | 32.6 % | 29.5 % | 30.5 % | 76.2 % |
Economic value added (EVA) | - 371.87 | 1 460.88 | 3 256.42 | 1 640.39 | 831.82 |
Solvency | |||||
Equity ratio | 55.6 % | 68.1 % | 87.3 % | 93.9 % | 96.0 % |
Gearing | 79.1 % | 46.4 % | 14.2 % | 6.0 % | 3.3 % |
Relative net indebtedness % | 1667.6 % | 468.0 % | 122.9 % | ||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 2.8 | 4.5 | 24.9 |
Current ratio | 1.4 | 1.5 | 2.8 | 4.5 | 24.9 |
Cash and cash equivalents | 20.53 | 171.08 | 58.71 | 114.31 | 46 329.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 735.3 % | 254.7 % | 218.7 % | ||
Credit risk | |||||
Credit rating | BBB | A | A | A | BB |
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