EUROCOMMERCE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31869757
Østre Hougvej 3, 5500 Middelfart

Credit rating

Company information

Official name
EUROCOMMERCE HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About EUROCOMMERCE HOLDING ApS

EUROCOMMERCE HOLDING ApS (CVR number: 31869757) is a company from MIDDELFART. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -1.5 kDKK, while net earnings were 457.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good and Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROCOMMERCE HOLDING ApS's liquidity measured by quick ratio was 8.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-0.25-0.15-1.00-1.50-1.50
Net earnings-95.57- 346.41268.49315.72457.52
Shareholders equity total2 840.382 383.372 595.362 853.883 252.50
Balance sheet total (assets)2 840.382 383.492 678.492 973.263 299.78
Net debt- 222.51- 110.57-82.78- 187.32- 362.30
Profitability
EBIT-%
ROA-3.3 %-13.2 %10.6 %11.2 %14.6 %
ROE-3.3 %-13.3 %10.8 %11.6 %15.0 %
ROI-3.3 %-13.2 %10.6 %11.2 %14.6 %
Economic value added (EVA)76.4865.4647.2666.0381.97
Solvency
Equity ratio100.0 %100.0 %96.9 %96.0 %98.6 %
Gearing3.2 %4.2 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio1 144.52.02.98.7
Current ratio1 144.52.02.98.7
Cash and cash equivalents222.51110.57165.92306.66409.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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