Etage Projects ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Etage Projects ApS
Etage Projects ApS (CVR number: 36084251) is a company from KØBENHAVN. The company recorded a gross profit of -236.3 kDKK in 2023. The operating profit was -990.8 kDKK, while net earnings were -810.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -61.1 %, which can be considered poor and Return on Equity (ROE) was -126.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Etage Projects ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 979.80 | 1 179.59 | - 108.95 | 555.54 | - 236.31 |
EBIT | -1 146.98 | 906.60 | - 660.16 | - 254.77 | - 990.81 |
Net earnings | -1 203.27 | 932.88 | - 523.70 | - 323.05 | - 810.87 |
Shareholders equity total | -1 498.10 | - 565.22 | - 128.57 | 48.38 | - 762.49 |
Balance sheet total (assets) | 1 238.87 | 2 744.30 | 1 590.54 | 1 246.63 | 1 232.50 |
Net debt | - 253.85 | -1 095.35 | - 523.92 | 240.74 | 385.42 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.3 % | 31.5 % | -22.8 % | -17.1 % | -61.1 % |
ROE | -70.0 % | 46.8 % | -24.2 % | -39.4 % | -126.6 % |
ROI | -54.0 % | 45.8 % | -54.6 % | -134.7 % | -216.2 % |
Economic value added (EVA) | -1 171.40 | 1 094.61 | - 475.15 | - 183.83 | - 776.71 |
Solvency | |||||
Equity ratio | -54.7 % | -17.1 % | -7.5 % | 3.9 % | -38.2 % |
Gearing | 679.8 % | -70.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.1 | 0.7 | 0.6 | 0.5 |
Current ratio | 1.8 | 2.3 | 0.9 | 1.0 | 0.6 |
Cash and cash equivalents | 253.85 | 1 095.35 | 523.92 | 88.16 | 153.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | B | BB | B |
Variable visualization
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