EUROCOMMERCE ApS — Credit Rating and Financial Key Figures

CVR number: 30199588
Østre Hougvej 3, 5500 Middelfart
info@eurocommerce.dk
tel: 32135901
www.powergenerator.dk

Company information

Official name
EUROCOMMERCE ApS
Personnel
2 persons
Established
2007
Company form
Private limited company
Industry

About EUROCOMMERCE ApS

EUROCOMMERCE ApS (CVR number: 30199588) is a company from MIDDELFART. The company recorded a gross profit of 1466.7 kDKK in 2023. The operating profit was 609.3 kDKK, while net earnings were 458.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. EUROCOMMERCE ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 277.98849.991 156.141 424.351 466.75
EBIT-96.06- 401.46379.09410.44609.29
Net earnings-94.84- 345.20270.09317.48458.42
Shareholders equity total2 586.772 241.572 511.662 629.142 887.56
Balance sheet total (assets)4 269.893 826.204 034.104 238.504 768.05
Net debt- 453.40-73.50- 551.25302.69- 679.95
Profitability
EBIT-%
ROA-2.1 %-9.9 %9.6 %9.9 %13.6 %
ROE-3.5 %-14.3 %11.4 %12.4 %16.6 %
ROI-2.7 %-12.7 %12.6 %13.0 %18.4 %
Economic value added (EVA)- 204.12- 430.69181.27228.67322.43
Solvency
Equity ratio60.6 %58.6 %62.5 %62.2 %65.0 %
Gearing30.5 %31.2 %23.2 %22.0 %18.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.11.71.01.9
Current ratio2.72.52.82.52.3
Cash and cash equivalents1 242.86772.151 134.92274.711 203.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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