Azerion Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Azerion Denmark ApS
Azerion Denmark ApS (CVR number: 35240152) is a company from KØBENHAVN. The company recorded a gross profit of 2296.3 kDKK in 2023. The operating profit was -3649.7 kDKK, while net earnings were -3868.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Azerion Denmark ApS's liquidity measured by quick ratio was 0.7 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 | 4 389.00 | 3 735.27 | 3 231.41 | 4 649.08 | 2 296.27 |
EBIT | - 117.00 | 194.89 | 184.20 | 403.31 | -3 649.68 |
Net earnings | - 687.00 | 202.80 | 68.85 | 323.97 | -3 868.61 |
Shareholders equity total | -3 322.00 | -3 119.71 | -2 891.03 | -2 567.06 | -6 435.67 |
Balance sheet total (assets) | 1 720.00 | 3 386.37 | 6 486.16 | 17 361.88 | 16 298.10 |
Net debt | 2 907.00 | 1 457.91 | 5 438.14 | 17 326.13 | 15 926.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.4 % | 4.5 % | 2.2 % | 2.9 % | -16.4 % |
ROE | -39.6 % | 7.9 % | 1.4 % | 2.7 % | -23.0 % |
ROI | -7.4 % | 11.1 % | 4.8 % | 3.5 % | -19.9 % |
Economic value added (EVA) | 52.66 | 369.66 | 353.93 | 562.06 | -3 477.80 |
Solvency | |||||
Equity ratio | -65.9 % | -48.0 % | -30.8 % | -12.9 % | -28.3 % |
Gearing | -92.2 % | -50.2 % | -198.7 % | -712.9 % | -259.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.7 | 0.9 | 0.7 |
Current ratio | 0.3 | 0.5 | 0.7 | 0.9 | 0.7 |
Cash and cash equivalents | 156.00 | 108.62 | 305.45 | 975.05 | 782.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BBB | BB |
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