Euro Economics Commercial Properties ApS — Credit Rating and Financial Key Figures

CVR number: 41692278
Amaliegade 22, 1256 København K

Company information

Official name
Euro Economics Commercial Properties ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Euro Economics Commercial Properties ApS

Euro Economics Commercial Properties ApS (CVR number: 41692278) is a company from KØBENHAVN. The company recorded a gross profit of -3526.9 kDKK in 2023. The operating profit was -4677.3 kDKK, while net earnings were -53.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Euro Economics Commercial Properties ApS's liquidity measured by quick ratio was 339.2 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
2021
2022
2023
Volume
Net sales
Gross profit33.59-5 203.88-3 526.89
EBIT33.59-5 203.88-4 677.27
Net earnings-10 180.0110 906.29-53 524.90
Shareholders equity total220 359.80281 149.22227 624.31
Balance sheet total (assets)583 911.82849 157.842 187 759.05
Net debt359 882.53567 406.231 959 428.14
Profitability
EBIT-%
ROA0.8 %3.4 %0.7 %
ROE-4.6 %4.3 %-21.0 %
ROI0.8 %3.4 %0.7 %
Economic value added (EVA)26.2410 176.9713 803.38
Solvency
Equity ratio37.7 %33.1 %10.4 %
Gearing165.0 %202.0 %860.8 %
Relative net indebtedness %
Liquidity
Quick ratio2 954.8578.2339.2
Current ratio2 954.8578.2339.2
Cash and cash equivalents3 639.49572.346.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:0.75%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.4%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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