EUROPEAN GREEN CITIES ApS — Credit Rating and Financial Key Figures

EUROPEAN GREEN CITIES ApS (CVR number: 29417490) is a company from AARHUS. The company recorded a gross profit of 3168 kDKK in 2023. The operating profit was 109 kDKK, while net earnings were 99 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EUROPEAN GREEN CITIES ApS's liquidity measured by quick ratio was 1.2 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.