EUROPEAN ESTATES INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROPEAN ESTATES INVEST ApS
EUROPEAN ESTATES INVEST ApS (CVR number: 28685386) is a company from FAVRSKOV. The company reported a net sales of 0.2 mEUR in 2023, demonstrating a growth of 3.2 % compared to the previous year. The operating profit percentage was at 54.9 % (EBIT: 0.1 mEUR), while net earnings were -256.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. EUROPEAN ESTATES INVEST 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 207.05 | 222.51 | 213.87 | 229.37 | 236.74 |
Gross profit | 125.37 | 200.72 | 174.59 | 205.62 | 130.00 |
EBIT | 125.37 | 200.72 | 174.59 | 205.62 | 130.00 |
Net earnings | 93.32 | 257.97 | 202.13 | 388.33 | - 256.12 |
Shareholders equity total | 1 829.16 | 1 957.13 | 2 069.25 | 2 377.58 | 2 121.46 |
Balance sheet total (assets) | 4 225.31 | 4 359.79 | 4 453.38 | 4 789.73 | 4 434.49 |
Net debt | 2 065.11 | 2 023.83 | 1 979.70 | 1 891.98 | 1 837.37 |
Profitability | |||||
EBIT-% | 60.6 % | 90.2 % | 81.6 % | 89.6 % | 54.9 % |
ROA | 3.6 % | 8.2 % | 6.2 % | 10.9 % | -5.3 % |
ROE | 5.2 % | 13.6 % | 10.0 % | 17.5 % | -11.4 % |
ROI | 3.6 % | 8.2 % | 6.2 % | 11.0 % | -5.3 % |
Economic value added (EVA) | -86.44 | -26.75 | -47.96 | -30.24 | - 105.45 |
Solvency | |||||
Equity ratio | 43.3 % | 44.9 % | 46.5 % | 49.6 % | 47.8 % |
Gearing | 114.0 % | 103.9 % | 95.7 % | 81.1 % | 88.8 % |
Relative net indebtedness % | 999.6 % | 913.6 % | 929.8 % | 829.3 % | 780.0 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.2 | 0.1 | 0.8 | 1.2 |
Current ratio | 0.5 | 0.2 | 0.1 | 0.7 | 1.1 |
Cash and cash equivalents | 19.84 | 9.79 | 1.59 | 35.97 | 47.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.6 | 3.1 | 6.0 | 18.7 | |
Net working capital % | -14.7 % | -23.2 % | -27.5 % | -6.0 % | 3.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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