KAREN ERTMANN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33390386
Christianehøj 198, 2860 Søborg
Karenertmann@hotmail.com
tel: 20460401

Credit rating

Company information

Official name
KAREN ERTMANN HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About KAREN ERTMANN HOLDING ApS

KAREN ERTMANN HOLDING ApS (CVR number: 33390386) is a company from GLADSAXE. The company recorded a gross profit of -6.1 kDKK in 2023. The operating profit was -6.1 kDKK, while net earnings were 327.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KAREN ERTMANN HOLDING ApS's liquidity measured by quick ratio was 3.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-4.78-4.75-4.75-6.62-6.15
EBIT-4.78-4.75-4.75-6.62-6.15
Net earnings697.10413.60367.64973.20327.48
Shareholders equity total961.49775.09880.731 553.941 081.42
Balance sheet total (assets)966.37780.041 128.681 559.631 354.04
Net debt- 163.98- 307.15- 709.62- 844.32- 688.14
Profitability
EBIT-%
ROA79.7 %47.6 %38.9 %72.5 %22.5 %
ROE80.8 %47.6 %44.4 %79.9 %24.9 %
ROI80.9 %47.9 %44.9 %80.1 %24.9 %
Economic value added (EVA)-28.3333.8017.2524.89-14.98
Solvency
Equity ratio99.5 %99.4 %78.0 %99.6 %79.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio33.662.12.9224.33.7
Current ratio33.662.12.9224.33.7
Cash and cash equivalents163.98307.15709.62844.32688.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:22.5%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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