ERO FINANS ApS

CVR number: 25974441
Bøtø Møllevej 12, 4873 Væggerløse

Credit rating

Company information

Official name
ERO FINANS ApS
Personnel
7 persons
Established
2001
Company form
Private limited company
Industry
  • Expand more icon92Gambling and betting activities

About ERO FINANS ApS

ERO FINANS ApS (CVR number: 25974441) is a company from GULDBORGSUND. The company recorded a gross profit of 2518.1 kDKK in 2023. The operating profit was 763.6 kDKK, while net earnings were 571.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERO FINANS ApS's liquidity measured by quick ratio was 10.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 257.443 367.83235.112 449.542 518.12
EBIT249.541 266.04- 324.551 757.05763.58
Net earnings39.31794.36- 348.811 375.85571.56
Shareholders equity total13 975.7114 770.0714 421.2615 797.1216 368.68
Balance sheet total (assets)17 923.9518 159.9716 019.6017 929.4118 092.97
Net debt-3 536.03-2 436.12-4 186.58-6 279.89-6 485.55
Profitability
EBIT-%
ROA1.5 %7.2 %-1.9 %10.5 %4.2 %
ROE0.3 %5.5 %-2.4 %9.1 %3.6 %
ROI1.8 %8.6 %-2.2 %11.6 %4.7 %
Economic value added (EVA)- 273.43464.80- 870.25882.94117.38
Solvency
Equity ratio78.0 %81.3 %90.0 %88.1 %90.5 %
Gearing7.1 %3.0 %2.0 %1.4 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.65.410.48.410.3
Current ratio4.65.410.48.410.3
Cash and cash equivalents4 533.302 879.354 477.826 494.716 624.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.24%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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