Economica Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36698446
Falkoner Alle 1, 2000 Frederiksberg
jeanette@economica.dk
tel: 22424904

Credit rating

Company information

Official name
Economica Holding ApS
Established
2015
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales365.11136.54176.48626.4515.78
Gross profit357.61129.04168.98616.450.78
EBIT357.61129.04168.98616.450.78
Net earnings411.44169.60221.19530.8652.43
Shareholders equity total1 408.721 523.021 687.712 161.372 154.90
Balance sheet total (assets)2 197.561 949.902 233.132 862.632 723.28
Net debt50.95- 323.07- 317.06-51.84- 213.53
Profitability
EBIT-%97.9 %94.5 %95.8 %98.4 %4.9 %
ROA23.7 %8.9 %12.0 %24.9 %2.4 %
ROE33.4 %11.6 %13.8 %27.6 %2.4 %
ROI24.1 %9.0 %12.2 %25.5 %2.5 %
Economic value added (EVA)371.13165.42164.36666.0937.33
Solvency
Equity ratio64.1 %78.1 %75.6 %75.5 %79.1 %
Gearing53.6 %27.5 %29.1 %29.1 %25.9 %
Relative net indebtedness %23.3 %-231.1 %-148.5 %3.2 %-1282.3 %
Liquidity
Quick ratio0.92.42.11.61.7
Current ratio0.92.42.11.61.7
Cash and cash equivalents703.60742.41807.41681.04770.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-215.2 %-108.6 %-117.1 %-38.3 %-1995.1 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:2.44%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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