Ertebølle-Smeden ApS

CVR number: 41823992
Kjeldhøj 55, Ertebølle 9640 Farsø

Credit rating

Company information

Official name
Ertebølle-Smeden ApS
Personnel
1 person
Established
2020
Domicile
Ertebølle
Company form
Private limited company
Industry
  • Expand more icon31Manufacture of furniture

About Ertebølle-Smeden ApS

Ertebølle-Smeden ApS (CVR number: 41823992) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 46 kDKK in 2023. The operating profit was 3.8 kDKK, while net earnings were -0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.5 %, 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. Ertebølle-Smeden 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit18.7321.9945.99
EBIT3.11-1.533.79
Net earnings-0.76-1.37-0.86
Shareholders equity total35.5834.2033.35
Balance sheet total (assets)53.4444.04170.76
Net debt-25.94-9.7376.90
Profitability
EBIT-%
ROA5.8 %-3.1 %3.5 %
ROE-2.1 %-3.9 %-2.5 %
ROI8.8 %-4.4 %4.5 %
Economic value added (EVA)3.11-2.012.56
Solvency
Equity ratio66.6 %77.7 %19.5 %
Gearing304.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.20.6
Current ratio1.71.50.7
Cash and cash equivalents25.949.7324.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:3.53%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.5%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

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