ECO Mussels ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ECO Mussels ApS
ECO Mussels ApS (CVR number: 41195975) is a company from THISTED. The company recorded a gross profit of -3.4 kDKK in 2023. The operating profit was -3.4 kDKK, while net earnings were -3.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70 %, 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. ECO Mussels ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -5.13 | -3.25 | -3.41 | |
| EBIT | -5.13 | -3.25 | -3.41 | |
| Net earnings | -0.16 | -5.41 | -3.55 | -3.41 |
| Shareholders equity total | 39.84 | 34.44 | 30.89 | 27.48 |
| Balance sheet total (assets) | 39.84 | 39.56 | 39.26 | 39.26 |
| Net debt | -39.84 | -34.44 | -30.89 | -30.86 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -12.9 % | -8.2 % | -8.7 % | |
| ROE | -0.4 % | -14.6 % | -10.9 % | -11.7 % |
| ROI | -12.9 % | -8.2 % | -9.1 % | |
| Economic value added (EVA) | -5.13 | -2.99 | -2.99 | |
| Solvency | ||||
| Equity ratio | 100.0 % | 87.0 % | 78.7 % | 70.0 % |
| Gearing | 14.9 % | 27.1 % | 30.6 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 7.7 | 4.7 | 3.3 | |
| Current ratio | 7.7 | 4.7 | 3.3 | |
| Cash and cash equivalents | 39.84 | 39.56 | 39.26 | 39.26 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | BB | BB | B |
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