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EURO MACHINERY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EURO MACHINERY ApS
EURO MACHINERY ApS (CVR number: 33256434) is a company from ASSENS. The company recorded a gross profit of 4661.7 kDKK in 2024. The operating profit was -2436.9 kDKK, while net earnings were -1995.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -37.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EURO MACHINERY ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 11 412.73 | 9 865.55 | 8 273.91 | 8 678.72 | 4 661.71 |
| EBIT | 4 372.56 | 2 748.80 | 936.60 | 35.05 | -2 436.90 |
| Net earnings | 3 243.73 | 1 932.33 | 633.43 | 14.31 | -1 995.89 |
| Shareholders equity total | 8 066.09 | 7 498.42 | 6 631.86 | 6 346.17 | 4 350.27 |
| Balance sheet total (assets) | 15 918.10 | 10 491.22 | 13 270.62 | 15 357.38 | 10 867.54 |
| Net debt | -3 449.31 | -1 888.96 | 1 135.42 | -3 392.98 | 3 587.60 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 31.4 % | 20.8 % | 7.9 % | 0.3 % | -18.5 % |
| ROE | 43.9 % | 24.8 % | 9.0 % | 0.2 % | -37.3 % |
| ROI | 44.9 % | 28.4 % | 10.8 % | 0.4 % | -27.1 % |
| Economic value added (EVA) | 2 956.88 | 1 577.70 | 277.52 | - 422.12 | -2 383.28 |
| Solvency | |||||
| Equity ratio | 60.6 % | 73.4 % | 50.0 % | 41.3 % | 61.2 % |
| Gearing | 35.0 % | 12.9 % | 34.5 % | 50.7 % | 91.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 2.1 | 1.0 | 0.9 | 1.2 |
| Current ratio | 2.3 | 4.2 | 2.0 | 1.7 | 3.1 |
| Cash and cash equivalents | 6 272.27 | 2 852.56 | 1 151.16 | 6 608.81 | 390.32 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | B |
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