Euro Economics XI ApS — Credit Rating and Financial Key Figures

CVR number: 40304118
Amaliegade 22, 1256 København K

Company information

Official name
Euro Economics XI ApS
Established
2019
Company form
Private limited company
Industry

About Euro Economics XI ApS

Euro Economics XI ApS (CVR number: 40304118) is a company from KØBENHAVN. The company recorded a gross profit of 1479.7 kDKK in 2023. The operating profit was -620.3 kDKK, while net earnings were -1203.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. Euro Economics XI ApS's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.42-15.761 662.271 420.741 479.65
EBIT-8.42-15.764 667.09220.74- 620.35
Net earnings-6.42-43.452 541.33- 576.06-1 203.30
Shareholders equity total43.580.143 182.702 606.6423 517.07
Balance sheet total (assets)50.0819 286.4252 699.8951 412.0249 364.04
Net debt-48.0813 162.0540 740.5246 999.6424 348.68
Profitability
EBIT-%
ROA-16.8 %1.9 %13.0 %0.4 %-1.2 %
ROE-14.7 %-198.8 %159.7 %-19.9 %-9.2 %
ROI-19.3 %2.7 %16.1 %0.5 %-1.3 %
Economic value added (EVA)-6.42-16.303 094.85-1 242.58-1 823.32
Solvency
Equity ratio87.0 %0.0 %6.0 %5.1 %47.7 %
Gearing9789468.9 %1280.1 %1803.1 %103.5 %
Relative net indebtedness %
Liquidity
Quick ratio7.71.00.00.00.1
Current ratio7.71.00.00.00.1
Cash and cash equivalents48.0853.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBAAA

Variable visualization

ROA:-1.23%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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