EURO CONNECTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 27918670
Gammel Kongevej 113, 1850 Frederiksberg C
ib@euroconnections.dk
tel: 40312955

Company information

Official name
EURO CONNECTIONS ApS
Personnel
2 persons
Established
2004
Company form
Private limited company
Industry

About EURO CONNECTIONS ApS

EURO CONNECTIONS ApS (CVR number: 27918670) is a company from FREDERIKSBERG. The company recorded a gross profit of 548 kDKK in 2023. The operating profit was 35.9 kDKK, while net earnings were -20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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 CONNECTIONS ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 759.57325.63273.43242.55548.03
EBIT919.40- 619.78- 498.21- 511.4635.91
Net earnings892.91- 786.85- 689.17- 626.49-20.39
Shareholders equity total3 879.172 092.331 403.16776.67756.28
Balance sheet total (assets)6 370.633 947.754 418.633 833.572 869.40
Net debt-2 108.77372.902 005.101 582.33-1 018.39
Profitability
EBIT-%
ROA16.1 %-12.0 %-11.9 %-12.4 %1.2 %
ROE24.2 %-26.4 %-39.4 %-57.5 %-2.7 %
ROI18.0 %-13.4 %-12.6 %-12.9 %1.3 %
Economic value added (EVA)826.42- 700.92- 627.34- 540.5162.20
Solvency
Equity ratio60.9 %53.1 %31.8 %20.3 %26.4 %
Gearing43.0 %74.0 %201.7 %371.1 %240.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.00.80.60.41.4
Current ratio3.00.70.60.41.4
Cash and cash equivalents3 777.131 176.36825.081 299.862 839.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:1.17%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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