EURO HEALTH GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EURO HEALTH GROUP A/S
EURO HEALTH GROUP A/S (CVR number: 13897697) is a company from GLADSAXE. The company reported a net sales of 19.8 mDKK in 2023, demonstrating a decline of -11.7 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -0.5 mDKK), while net earnings were -434 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EURO HEALTH GROUP A/S's liquidity measured by quick ratio was 2.2 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 | 27 465.96 | 27 499.14 | 22 132.52 | 22 479.68 | 19 842.14 |
Gross profit | 5 779.92 | 6 441.92 | 5 897.67 | 5 986.76 | 5 891.29 |
EBIT | 106.69 | 828.10 | -18.84 | 42.51 | - 534.80 |
Net earnings | 230.91 | 181.80 | 465.20 | 492.10 | - 434.05 |
Shareholders equity total | 5 907.68 | 5 989.48 | 6 454.68 | 6 481.58 | 5 797.53 |
Balance sheet total (assets) | 17 862.07 | 15 706.68 | 15 770.48 | 14 367.50 | 11 344.29 |
Net debt | -6 262.74 | -6 182.40 | -12 071.18 | -12 438.50 | -8 128.65 |
Profitability | |||||
EBIT-% | 0.4 % | 3.0 % | -0.1 % | 0.2 % | -2.7 % |
ROA | 2.2 % | 5.4 % | 4.2 % | 7.9 % | -4.3 % |
ROE | 4.0 % | 3.1 % | 7.5 % | 7.6 % | -7.1 % |
ROI | 5.8 % | 14.3 % | 9.8 % | 16.3 % | -8.0 % |
Economic value added (EVA) | 62.90 | 657.14 | -0.04 | 320.70 | -98.02 |
Solvency | |||||
Equity ratio | 33.1 % | 38.1 % | 40.9 % | 45.1 % | 51.1 % |
Gearing | 1.3 % | 1.6 % | 1.7 % | 7.3 % | 0.2 % |
Relative net indebtedness % | 19.5 % | 11.3 % | -14.8 % | -24.8 % | -15.3 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.8 | 1.9 | 2.2 |
Current ratio | 1.5 | 1.7 | 1.8 | 1.9 | 2.2 |
Cash and cash equivalents | 6 340.84 | 6 278.38 | 12 182.08 | 12 911.66 | 8 139.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 145.9 | 90.3 | 40.9 | 10.9 | 37.8 |
Net working capital % | 14.4 % | 14.5 % | 19.6 % | 21.8 % | 19.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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