EARMASTER ApS
Credit rating
Company information
About EARMASTER ApS
EARMASTER ApS (CVR number: 28716532) is a company from AARHUS. The company recorded a gross profit of 2087.6 kDKK in 2023. The operating profit was -70.8 kDKK, while net earnings were -71.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. EARMASTER ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 232.09 | 2 039.68 | 2 441.70 | 1 823.57 | 2 087.64 |
EBIT | -60.74 | 608.62 | 410.41 | - 273.95 | -70.81 |
Net earnings | -67.81 | 470.17 | 316.33 | - 273.45 | -71.05 |
Shareholders equity total | 36.85 | 507.03 | 593.36 | 319.91 | 248.85 |
Balance sheet total (assets) | 421.88 | 1 102.83 | 1 117.23 | 690.74 | 608.91 |
Net debt | -99.23 | - 607.24 | - 604.92 | - 126.82 | - 156.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.2 % | 79.9 % | 37.1 % | -29.7 % | -10.6 % |
ROE | -95.8 % | 172.9 % | 57.5 % | -59.9 % | -25.0 % |
ROI | -72.8 % | 214.1 % | 71.8 % | -54.0 % | -21.6 % |
Economic value added (EVA) | -30.82 | 478.11 | 325.84 | - 271.70 | -78.12 |
Solvency | |||||
Equity ratio | 8.7 % | 46.0 % | 53.1 % | 46.3 % | 40.9 % |
Gearing | 27.8 % | 2.9 % | 5.6 % | 14.9 % | 9.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.7 | 2.0 | 1.7 | 1.5 |
Current ratio | 0.9 | 1.7 | 2.0 | 1.7 | 1.5 |
Cash and cash equivalents | 109.48 | 622.09 | 638.11 | 174.41 | 179.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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