EasyCare ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EasyCare ApS
EasyCare ApS (CVR number: 39055694) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 968.8 kDKK in 2020. The operating profit was -98.9 kDKK, while net earnings were -132.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -29.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EasyCare ApS's liquidity measured by quick ratio was 0.6 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 financials| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 426.30 | 770.55 | 968.77 | 
| EBIT | 235.14 | - 219.43 | -98.94 | 
| Net earnings | 187.32 | - 244.53 | - 132.29 | 
| Shareholders equity total | 337.32 | 92.80 | -39.50 | 
| Balance sheet total (assets) | 609.19 | 709.20 | 797.24 | 
| Net debt | 30.47 | 115.43 | 19.89 | 
| Profitability | |||
| EBIT-% | |||
| ROA | 38.6 % | -33.0 % | -12.8 % | 
| ROE | 55.5 % | -113.7 % | -29.7 % | 
| ROI | 56.7 % | -69.9 % | -69.2 % | 
| Economic value added (EVA) | 187.34 | - 235.22 | - 128.67 | 
| Solvency | |||
| Equity ratio | 55.4 % | 13.1 % | -4.7 % | 
| Gearing | 23.0 % | 124.4 % | -197.1 % | 
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.6 | 0.5 | 0.6 | 
| Current ratio | 0.6 | 0.5 | 0.6 | 
| Cash and cash equivalents | 46.97 | 57.96 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BB | BB | 
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