Eriksborg Development I ApS

CVR number: 41994304
Randersvej 2 C, 8600 Silkeborg

Credit rating

Company information

Official name
Eriksborg Development I ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon41Construction of buildings

About Eriksborg Development I ApS

Eriksborg Development I ApS (CVR number: 41994304) is a company from SILKEBORG. The company recorded a gross profit of -46.6 kDKK in 2023. The operating profit was -46.6 kDKK, while net earnings were -143.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.1 %, 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. Eriksborg Development I ApS's liquidity measured by quick ratio was -1.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit-26.25-40.00-46.57
EBIT-26.25-40.00-46.57
Net earnings-20.83-33.13- 143.23
Shareholders equity total104.1771.041 927.81
Balance sheet total (assets)124.1712 578.6213 699.01
Net debt- 118.3912 447.1811 743.99
Profitability
EBIT-%
ROA-21.1 %-0.6 %-0.4 %
ROE-20.0 %-37.8 %-14.3 %
ROI-25.2 %-0.6 %-0.4 %
Economic value added (EVA)-20.55-30.49-39.90
Solvency
Equity ratio83.9 %0.6 %14.1 %
Gearing17520.9 %609.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.2-1.0-1.2
Current ratio6.20.00.0
Cash and cash equivalents118.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBB

Variable visualization

ROA:-0.35%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.1%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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