123Economics And Management ApS
Credit rating
Company information
About 123Economics And Management ApS
123Economics And Management ApS (CVR number: 14287833) is a company from RUDERSDAL. The company recorded a gross profit of 183.3 kDKK in 2023. The operating profit was -93 kDKK, while net earnings were 213.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 36.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. 123Economics And Management ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.08 | -74.66 | -10.15 | 49.50 | 183.32 |
EBIT | -27.91 | - 104.66 | -40.15 | -21.91 | -93.00 |
Net earnings | 135.15 | -12.19 | 435.75 | - 155.20 | 213.69 |
Shareholders equity total | -1 681.78 | 200.00 | 635.75 | 480.54 | 694.23 |
Balance sheet total (assets) | 1 678.36 | 1 653.01 | 2 180.42 | 2 041.17 | 2 383.78 |
Net debt | 1 843.15 | -10.71 | - 587.99 | - 402.48 | - 743.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | -0.6 % | 29.2 % | -0.2 % | 12.5 % |
ROE | 7.8 % | -1.3 % | 104.3 % | -27.8 % | 36.4 % |
ROI | 6.2 % | -0.6 % | 29.4 % | -0.2 % | 12.8 % |
Economic value added (EVA) | 72.77 | 77.69 | 31.50 | 57.26 | 0.38 |
Solvency | |||||
Equity ratio | -50.1 % | 12.1 % | 29.2 % | 23.5 % | 29.1 % |
Gearing | -198.2 % | 719.5 % | 240.4 % | 317.4 % | 229.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.1 | 1.4 | 1.3 | 1.4 |
Current ratio | 0.5 | 1.1 | 1.4 | 1.3 | 1.4 |
Cash and cash equivalents | 1 489.76 | 1 449.64 | 2 116.57 | 1 927.67 | 2 338.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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