Azerion Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 35240152
Klerkegade 19, 1308 København K
m.korsholm@azerion.com
tel: 20701993
www.widespace.com

Credit rating

Company information

Official name
Azerion Denmark ApS
Personnel
6 persons
Established
2013
Company form
Private limited company
Industry
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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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 389.003 735.273 231.414 649.082 296.27
EBIT- 117.00194.89184.20403.31-3 649.68
Net earnings- 687.00202.8068.85323.97-3 868.61
Shareholders equity total-3 322.00-3 119.71-2 891.03-2 567.06-6 435.67
Balance sheet total (assets)1 720.003 386.376 486.1617 361.8816 298.10
Net debt2 907.001 457.915 438.1417 326.1315 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)52.66369.66353.93562.06-3 477.80
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 ratio0.30.50.70.90.7
Current ratio0.30.50.70.90.7
Cash and cash equivalents156.00108.62305.45975.05782.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-16.4%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-28.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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