EUROWHEELS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 27914373
Mønstedsvej 8, 8600 Silkeborg
tel: 70201055

Company information

Official name
EUROWHEELS DANMARK A/S
Personnel
36 persons
Established
2004
Company form
Limited company
Industry

About EUROWHEELS DANMARK A/S

EUROWHEELS DANMARK A/S (CVR number: 27914373) is a company from SILKEBORG. The company recorded a gross profit of 20.4 mDKK in 2023. The operating profit was 7280.5 kDKK, while net earnings were 5487.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EUROWHEELS DANMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit14 954.7718 190.6826 543.8722 262.8320 385.20
EBIT5 407.766 824.229 484.099 253.177 280.47
Net earnings3 892.964 981.526 886.606 473.815 487.81
Shareholders equity total8 918.349 999.8611 886.4611 460.2710 548.08
Balance sheet total (assets)32 338.2743 705.4748 483.7738 517.0339 000.06
Net debt-1 263.65-9 270.42-5 371.85-7 886.40-19 910.11
Profitability
EBIT-%
ROA15.1 %18.0 %20.6 %21.3 %19.1 %
ROE46.0 %52.7 %62.9 %55.5 %49.9 %
ROI61.2 %67.7 %81.6 %77.1 %67.2 %
Economic value added (EVA)4 097.994 954.307 365.526 922.505 489.04
Solvency
Equity ratio27.6 %22.9 %24.5 %29.8 %27.0 %
Gearing4.9 %1.3 %6.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.40.50.9
Current ratio1.31.21.31.41.3
Cash and cash equivalents1 698.319 396.936 105.607 886.4019 910.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.1%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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