Euro Economics III ApS — Credit Rating and Financial Key Figures

CVR number: 32788823
Amaliegade 22, 1256 København K
Free credit report Annual report

Company information

Official name
Euro Economics III ApS
Established
2010
Company form
Private limited company
Industry

About Euro Economics III ApS

Euro Economics III ApS (CVR number: 32788823) is a company from KØBENHAVN. The company recorded a gross profit of 2882.3 kDKK in 2024. The operating profit was 282.3 kDKK, while net earnings were -406.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Euro Economics III ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 225.613 272.163 265.573 328.132 882.28
EBIT3 566.855 294.873 060.901 927.50282.28
Net earnings2 656.273 182.331 693.24740.31- 406.41
Shareholders equity total25 345.6228 527.9530 221.1936 882.4936 476.09
Balance sheet total (assets)104 883.15109 155.79110 478.27109 137.97106 401.13
Net debt69 028.9769 317.7068 695.2660 876.9358 864.65
Profitability
EBIT-%
ROA3.5 %5.0 %2.8 %1.8 %0.3 %
ROE11.1 %11.8 %5.8 %2.2 %-1.1 %
ROI3.6 %5.1 %2.9 %1.8 %0.3 %
Economic value added (EVA)-1 013.89-1 022.69-2 969.84-3 919.71-5 131.16
Solvency
Equity ratio24.3 %26.2 %27.5 %33.9 %34.4 %
Gearing272.4 %243.0 %227.4 %165.1 %161.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.10.0
Current ratio0.10.00.00.10.0
Cash and cash equivalents14.4530.843.566.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.28%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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