EcoLife Denmark ApS

CVR number: 38405659
Siriusvej 17, 7430 Ikast
job@eastdk.com

Credit rating

Company information

Official name
EcoLife Denmark ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

EcoLife Denmark ApS (CVR number: 38405659) is a company from IKAST-BRANDE. The company recorded a gross profit of -2404.7 kDKK in 2020. The operating profit was -2643 kDKK, while net earnings were -2692.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -55.5 %, which can be considered poor and Return on Equity (ROE) was -190.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EcoLife Denmark ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017201820192020
Volume
Net sales
Gross profit- 156.62139.81-1 813.03-2 404.66
EBIT- 156.62139.81-1 977.22-2 643.04
Net earnings- 163.6046.45-2 178.00-2 692.74
Shareholders equity total136.37182.82-1 995.17-4 687.91
Balance sheet total (assets)939.313 506.242 825.334.60
Net debt688.803 065.184 623.284 588.33
Profitability
EBIT-%
ROA-16.6 %6.3 %-47.4 %-55.5 %
ROE-120.0 %29.1 %-144.8 %-190.3 %
ROI-18.9 %6.7 %-49.1 %-57.3 %
Economic value added (EVA)- 156.62103.72-2 004.70-2 542.70
Solvency
Equity ratio14.5 %5.2 %-41.4 %-99.9 %
Gearing505.1 %1764.0 %-231.8 %-97.9 %
Relative net indebtedness %
Liquidity
Quick ratio7.835.61.10.0
Current ratio7.835.61.10.0
Cash and cash equivalents0.03159.821.730.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBC

Variable visualization

ROA:-55.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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