EUROPEAN COMMERCIAL COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 21774499
Lanciavej 2, 7100 Vejle
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Company information

Official name
EUROPEAN COMMERCIAL COMPANY ApS
Established
1999
Company form
Private limited company
Industry

About EUROPEAN COMMERCIAL COMPANY ApS

EUROPEAN COMMERCIAL COMPANY ApS (CVR number: 21774499) is a company from VEJLE. The company recorded a gross profit of -9.2 kDKK in 2024. The operating profit was -9.2 kDKK, while net earnings were 63.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROPEAN COMMERCIAL COMPANY ApS's liquidity measured by quick ratio was 3056.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-3.71-11.65-8.77-8.11-9.16
EBIT-3.71-11.65-8.77-8.11-9.16
Net earnings- 146.34591.85- 879.07277.4363.59
Shareholders equity total2 751.413 343.262 464.192 741.592 805.18
Balance sheet total (assets)2 751.413 343.262 465.952 743.472 806.09
Net debt-2 744.29-3 343.26-2 464.19-2 741.59-2 805.18
Profitability
EBIT-%
ROA1.4 %19.6 %-0.3 %10.7 %4.5 %
ROE-5.2 %19.4 %-30.3 %10.7 %2.3 %
ROI1.4 %19.6 %-0.3 %10.7 %4.5 %
Economic value added (EVA)- 149.32- 149.86- 176.77- 132.03- 147.02
Solvency
Equity ratio100.0 %100.0 %99.9 %99.9 %100.0 %
Gearing0.1 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1 397.11 460.13 056.7
Current ratio1 397.11 460.13 056.7
Cash and cash equivalents2 744.293 343.262 465.952 743.472 806.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.46%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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