123Economics And Management ApS — Credit Rating and Financial Key Figures
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 263 kDKK in 2024. The operating profit was -62.5 kDKK, while net earnings were -19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -74.66 | -10.15 | 49.50 | 183.32 | 263.04 |
| EBIT | - 104.66 | -40.15 | -21.91 | -93.00 | -62.49 |
| Net earnings | -12.19 | 435.75 | - 155.20 | 213.69 | -19.45 |
| Shareholders equity total | 200.00 | 635.75 | 480.54 | 694.23 | 674.78 |
| Balance sheet total (assets) | 1 653.01 | 2 180.42 | 2 041.17 | 2 383.78 | 2 629.15 |
| Net debt | -10.71 | - 587.99 | - 402.48 | - 743.44 | - 659.28 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.6 % | 29.2 % | -0.2 % | 12.5 % | 8.2 % |
| ROE | -1.3 % | 104.3 % | -27.8 % | 36.4 % | -2.8 % |
| ROI | -0.6 % | 29.4 % | -0.2 % | 12.8 % | 8.4 % |
| Economic value added (EVA) | 77.69 | 31.50 | 57.26 | 0.38 | 32.07 |
| Solvency | |||||
| Equity ratio | 12.1 % | 29.2 % | 23.5 % | 29.1 % | 25.7 % |
| Gearing | 719.5 % | 240.4 % | 317.4 % | 229.8 % | 280.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.4 | 1.3 | 1.4 | 1.3 |
| Current ratio | 1.1 | 1.4 | 1.3 | 1.4 | 1.3 |
| Cash and cash equivalents | 1 449.64 | 2 116.57 | 1 927.67 | 2 338.90 | 2 551.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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