Economica Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Economica Holding ApS
Economica Holding ApS (CVR number: 36698446) is a company from FREDERIKSBERG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -97.5 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 0 mDKK), while net earnings were 52.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Economica Holding ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 365.11 | 136.54 | 176.48 | 626.45 | 15.78 |
Gross profit | 357.61 | 129.04 | 168.98 | 616.45 | 0.78 |
EBIT | 357.61 | 129.04 | 168.98 | 616.45 | 0.78 |
Net earnings | 411.44 | 169.60 | 221.19 | 530.86 | 52.43 |
Shareholders equity total | 1 408.72 | 1 523.02 | 1 687.71 | 2 161.37 | 2 154.90 |
Balance sheet total (assets) | 2 197.56 | 1 949.90 | 2 233.13 | 2 862.63 | 2 723.28 |
Net debt | 50.95 | - 323.07 | - 317.06 | -51.84 | - 213.53 |
Profitability | |||||
EBIT-% | 97.9 % | 94.5 % | 95.8 % | 98.4 % | 4.9 % |
ROA | 23.7 % | 8.9 % | 12.0 % | 24.9 % | 2.4 % |
ROE | 33.4 % | 11.6 % | 13.8 % | 27.6 % | 2.4 % |
ROI | 24.1 % | 9.0 % | 12.2 % | 25.5 % | 2.5 % |
Economic value added (EVA) | 371.13 | 165.42 | 164.36 | 666.09 | 37.33 |
Solvency | |||||
Equity ratio | 64.1 % | 78.1 % | 75.6 % | 75.5 % | 79.1 % |
Gearing | 53.6 % | 27.5 % | 29.1 % | 29.1 % | 25.9 % |
Relative net indebtedness % | 23.3 % | -231.1 % | -148.5 % | 3.2 % | -1282.3 % |
Liquidity | |||||
Quick ratio | 0.9 | 2.4 | 2.1 | 1.6 | 1.7 |
Current ratio | 0.9 | 2.4 | 2.1 | 1.6 | 1.7 |
Cash and cash equivalents | 703.60 | 742.41 | 807.41 | 681.04 | 770.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -215.2 % | -108.6 % | -117.1 % | -38.3 % | -1995.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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