Erling Entertainment ApS — Credit Rating and Financial Key Figures

CVR number: 38890220
Ny Munkegade 65, 8000 Aarhus C
l.ringdal@gmail.com

Credit rating

Company information

Official name
Erling Entertainment ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Erling Entertainment ApS

Erling Entertainment ApS (CVR number: 38890220) is a company from AARHUS. The company recorded a gross profit of 751.6 kDKK in 2023. The operating profit was 358.5 kDKK, while net earnings were 278.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 87.8 %, which can be considered excellent and Return on Equity (ROE) was 92.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. Erling Entertainment ApS's liquidity measured by quick ratio was 4.2 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 profit317.17220.08398.19596.38751.62
EBIT-5.52-23.7419.02164.50358.50
Net earnings-5.48-18.3013.68126.02278.83
Shareholders equity total43.8621.7035.38161.40440.23
Balance sheet total (assets)139.5299.06159.78254.88570.73
Net debt-88.024.28- 154.11- 221.57- 545.17
Profitability
EBIT-%
ROA-3.9 %-19.9 %14.7 %79.7 %87.8 %
ROE-11.8 %-55.8 %47.9 %128.1 %92.7 %
ROI-10.8 %-64.3 %42.2 %142.8 %118.8 %
Economic value added (EVA)-2.30-16.1513.14133.82282.01
Solvency
Equity ratio31.4 %21.9 %22.1 %63.3 %77.1 %
Gearing8.9 %19.7 %6.2 %2.7 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.62.44.2
Current ratio1.41.21.62.44.2
Cash and cash equivalents91.910.00156.31226.00547.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:87.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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