Erngaard Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 27344356
Apollovej 63, 8700 Horsens
he@erngaard.dk
tel: 60146755

Company information

Official name
Erngaard Ejendomme ApS
Established
2003
Company form
Private limited company
Industry

About Erngaard Ejendomme ApS

Erngaard Ejendomme ApS (CVR number: 27344356) is a company from HORSENS. The company recorded a gross profit of 928.4 kDKK in 2024. The operating profit was 634.9 kDKK, while net earnings were 474 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Erngaard Ejendomme ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 865.471 534.42626.31889.22928.38
EBIT1 551.101 242.08333.97595.71634.88
Net earnings1 338.60944.91219.73432.71473.99
Shareholders equity total7 256.887 532.925 931.366 364.076 838.06
Balance sheet total (assets)15 201.0614 802.9612 377.8012 309.9112 836.25
Net debt4 353.664 013.993 535.392 880.063 112.91
Profitability
EBIT-%
ROA9.6 %8.4 %2.5 %4.8 %5.1 %
ROE16.0 %12.8 %3.3 %7.0 %7.2 %
ROI9.7 %8.6 %2.6 %5.0 %5.2 %
Economic value added (EVA)695.17261.51- 432.21- 116.21-82.46
Solvency
Equity ratio47.7 %50.9 %47.9 %51.7 %53.3 %
Gearing65.2 %54.0 %59.8 %48.3 %45.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.82.40.10.30.8
Current ratio0.82.40.10.30.8
Cash and cash equivalents379.8152.5513.03194.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.10%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.3%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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