EUROPEAN STAGING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROPEAN STAGING ApS
EUROPEAN STAGING ApS (CVR number: 18157446) is a company from FREDENSBORG. The company recorded a gross profit of 715.8 kDKK in 2023. The operating profit was -1044.6 kDKK, while net earnings were -705 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EUROPEAN STAGING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 092.06 | 428.67 | 1 362.22 | 2 014.72 | 715.76 |
EBIT | 1 288.61 | -1 361.37 | - 642.06 | - 262.04 | -1 044.59 |
Net earnings | 1 017.88 | -1 121.77 | - 578.94 | - 267.93 | - 704.98 |
Shareholders equity total | 1 045.55 | - 726.23 | -1 360.17 | -1 628.10 | -2 333.07 |
Balance sheet total (assets) | 2 188.38 | 1 092.63 | 2 241.97 | 3 805.13 | 6 787.66 |
Net debt | - 943.95 | 1 194.11 | - 586.45 | -1 750.06 | - 904.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 73.0 % | -67.9 % | -23.4 % | -5.5 % | -12.3 % |
ROE | 189.7 % | -104.9 % | -34.7 % | -8.9 % | -13.3 % |
ROI | 112.0 % | -86.6 % | -89.0 % | -708.6 % | -484.1 % |
Economic value added (EVA) | 1 052.79 | -1 036.22 | - 455.59 | - 110.32 | - 644.21 |
Solvency | |||||
Equity ratio | 47.8 % | -39.9 % | -37.8 % | -30.0 % | -25.6 % |
Gearing | 62.8 % | -196.2 % | -0.2 % | -4.2 % | -12.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.4 | 0.5 | 0.6 | 0.7 |
Current ratio | 1.6 | 0.4 | 0.5 | 0.6 | 0.7 |
Cash and cash equivalents | 1 600.77 | 230.57 | 588.84 | 1 818.22 | 1 206.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | B | BB | B |
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