KAREN ERTMANN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 697.10 | 413.60 | 367.64 | 973.20 | 327.48 |
Shareholders equity total | 961.49 | 775.09 | 880.73 | 1 553.94 | 1 081.42 |
Balance sheet total (assets) | 966.37 | 780.04 | 1 128.68 | 1 559.63 | 1 354.04 |
Net debt | - 163.98 | - 307.15 | - 709.62 | - 844.32 | - 688.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 79.7 % | 47.6 % | 38.9 % | 72.5 % | 22.5 % |
ROE | 80.8 % | 47.6 % | 44.4 % | 79.9 % | 24.9 % |
ROI | 80.9 % | 47.9 % | 44.9 % | 80.1 % | 24.9 % |
Economic value added (EVA) | -28.33 | 33.80 | 17.25 | 24.89 | -14.98 |
Solvency | |||||
Equity ratio | 99.5 % | 99.4 % | 78.0 % | 99.6 % | 79.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 33.6 | 62.1 | 2.9 | 224.3 | 3.7 |
Current ratio | 33.6 | 62.1 | 2.9 | 224.3 | 3.7 |
Cash and cash equivalents | 163.98 | 307.15 | 709.62 | 844.32 | 688.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
Variable visualization
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