EchoEcho ApS
Key figures
- Return on assets
- -333.7%
- Return on equity
- –
- Current ratio
- 17.8%
- Equity ratio
- -460.5%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | -32,442 |
Operating profit | -710,499 |
Finance income | 2,181 |
Finance expenses | 943 |
Tax expense | -155,965 |
Profit/loss for the year | -553,296 |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 158,174 |
Current assets | 212,937 |
Non-current assets | 0 |
Total assets | 212,937 |
Equity | -980,625 |
Liabilities | 1,193,562 |
Current liabilities | 1,193,562 |
Working capital
| Reporting period | |
|---|---|
Trade receivables | 0 |
Other current receivables | 13,798 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 50,000 |
Retained earnings | -1,030,625 |
Annual report highlights
Business and development
The company's activity is to purchase and resell goods on an online platform.
Risks and material matters
Årets resultat udviser et underskud på DKK 553.296 og en negativ egenkapital på DKK 980.625. Selskabets moderselskab Luxplus ApS har afgivet støtte- og tilbagetrædelseserklæring overfor selskabet, hvorfor selskabets fortsatte drift er sikret. Støtteerklæringen er gyldig for perioden 1. januar 2022 - 31. december 2022. Det er ledelsens vurdering at støtteerklæringen vil blive forlænget, hvis det er krævet for at sikre selskabets fortsatte drift efter støtteerklæringens udløb.
The result for the year shows a loss of DKK 553,296 and a negative equity of DKK 980,625.The company's parent company Luxplus ApS has submitted a Letter of Comfort, which is why the company's continued operation is ensured. The Letter of Comfort is valid for the period 1 January 2022 - 31 December 2022. It is the management's assessment that the Letter of Comfort will be extended if it is required to ensure the company's continued operation after the expiry of the Letter of Comfort.
Commitments and security
The group companies are jointly and severally liable for tax on the jointly taxed incomes etc of the Group. The total amount of corporation tax payable is disclosed in the Annual Report of CC Toaster Invest ApS, which is the management company of the joint taxation purposes. Moreover, the group companies are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company's liability. The company is involved in normal business disputes. Although the final outcome of these cases is unpredictable, in the opinion of the management, these cases will not have any significant effect on the company's result or financial situation.
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