ECOURN ApS — Credit Rating and Financial Key Figures

ECOURN ApS (CVR number: 30004949) is a company from DRAGØR. The company recorded a gross profit of 10.5 kDKK in 2017. The operating profit was -18.7 kDKK, while net earnings were -65.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -22.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ECOURN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.