EuroTime Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 40073728
Rudekæret 13, Øverød 2840 Holte
tel: 26849584

Credit rating

Company information

Official name
EuroTime Danmark ApS
Personnel
2 persons
Established
2018
Domicile
Øverød
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About EuroTime Danmark ApS

EuroTime Danmark ApS (CVR number: 40073728) is a company from RUDERSDAL. The company recorded a gross profit of 3756.6 kDKK in 2023. The operating profit was 3264.7 kDKK, while net earnings were 2840.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.6 %, which can be considered excellent and Return on Equity (ROE) was 132.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. EuroTime Danmark ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 831.1513.50-33.76531.263 756.65
EBIT1 223.78- 743.06- 495.8684.273 264.66
Net earnings939.92- 547.71- 382.99- 226.522 840.77
Shareholders equity total989.92442.2259.23- 167.292 673.48
Balance sheet total (assets)1 509.661 052.151 215.211 604.666 871.38
Net debt- 449.55-13.38-41.00- 209.33-4 766.24
Profitability
EBIT-%
ROA81.1 %-54.6 %-40.1 %7.4 %78.6 %
ROE94.9 %-76.5 %-152.8 %-27.2 %132.8 %
ROI123.6 %-97.6 %-181.1 %373.5 %254.1 %
Economic value added (EVA)941.21- 606.74- 408.3158.922 816.06
Solvency
Equity ratio65.6 %42.0 %4.9 %-9.4 %38.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.91.71.05.31.6
Current ratio2.91.71.05.31.6
Cash and cash equivalents449.5513.3841.00209.334 766.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:78.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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