Credit rating
Company information
About Eikonic Watches ApS
Eikonic Watches ApS (CVR number: 37766208) is a company from RUDERSDAL. The company recorded a gross profit of -71.1 kDKK in 2019. The operating profit was -71.1 kDKK, while net earnings were -72.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.1 %, which can be considered poor and Return on Equity (ROE) was -90.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Eikonic Watches ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 46.27 | 15.60 | 51.67 | -71.11 |
EBIT | 46.27 | 15.60 | 51.67 | -71.11 |
Net earnings | 26.33 | 5.83 | 43.04 | -72.47 |
Shareholders equity total | 76.33 | 82.16 | 125.20 | -20.28 |
Balance sheet total (assets) | 231.28 | 131.57 | 159.34 | 34.34 |
Net debt | 86.13 | 11.22 | -11.28 | 18.40 |
Profitability | ||||
EBIT-% | ||||
ROA | 20.0 % | 8.6 % | 38.9 % | -62.1 % |
ROE | 34.5 % | 7.4 % | 41.5 % | -90.9 % |
ROI | 28.5 % | 12.0 % | 51.0 % | -92.5 % |
Economic value added (EVA) | 34.78 | 6.69 | 36.13 | -76.83 |
Solvency | ||||
Equity ratio | 33.0 % | 62.4 % | 81.1 % | -37.1 % |
Gearing | 113.0 % | 17.6 % | -90.7 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.1 | 0.1 | 5.2 | 0.5 |
Current ratio | 1.6 | 2.8 | 7.3 | 0.6 |
Cash and cash equivalents | 0.12 | 3.26 | 11.28 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
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