European Energy Trading A/S — Credit Rating and Financial Key Figures

European Energy Trading A/S (CVR number: 40807721) is a company from GLADSAXE. The company reported a net sales of 5.5 mEUR in 2023, demonstrating a growth of 34 % compared to the previous year. The operating profit percentage was poor at -181.1 % (EBIT: -9.9 mEUR), while net earnings were -10.4 mEUR. The profitability of the company measured by Return on Assets (ROA) was 31.9 %, which can be considered excellent but Return on Equity (ROE) was -21.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. European Energy Trading A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.