EURO INDUSTRIES A/S — Credit Rating and Financial Key Figures

CVR number: 26629616
Fabriksvej 10, 9690 Fjerritslev

Credit rating

Company information

Official name
EURO INDUSTRIES A/S
Personnel
66 persons
Established
2002
Company form
Limited company
Industry

About EURO INDUSTRIES A/S

EURO INDUSTRIES A/S (CVR number: 26629616) is a company from JAMMERBUGT. The company recorded a gross profit of 47.6 mDKK in 2023. The operating profit was 1331.7 kDKK, while net earnings were 235.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. EURO INDUSTRIES A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit51 764.2652 234.2151 531.0656 681.5247 575.36
EBIT1 927.821 476.68- 546.04600.291 331.72
Net earnings772.29818.27-1 182.08- 137.72235.95
Shareholders equity total7 787.928 307.616 825.046 536.996 772.88
Balance sheet total (assets)23 225.2625 727.4327 962.2528 818.1326 211.93
Net debt3 091.91-4 150.283 966.023 312.124 936.51
Profitability
EBIT-%
ROA10.0 %6.5 %-0.7 %2.7 %5.5 %
ROE10.4 %10.2 %-15.6 %-2.1 %3.5 %
ROI11.4 %10.0 %-5.1 %4.2 %10.2 %
Economic value added (EVA)1 164.72782.53- 543.57129.27705.57
Solvency
Equity ratio33.5 %32.3 %24.4 %22.7 %25.8 %
Gearing57.2 %36.9 %76.9 %85.6 %87.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.21.11.2
Current ratio1.51.61.41.41.5
Cash and cash equivalents1 363.967 216.601 284.042 286.73983.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBBBBB

Variable visualization

ROA:5.50%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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