ERTMANN REGNSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERTMANN REGNSKAB ApS
ERTMANN REGNSKAB ApS (CVR number: 20746440) is a company from VORDINGBORG. The company recorded a gross profit of 169.7 kDKK in 2024. The operating profit was -36 kDKK, while net earnings were -28.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.8 %, which can be considered poor and Return on Equity (ROE) was -88.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERTMANN REGNSKAB ApS's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 110.57 | 129.43 | 128.39 | 297.56 | 169.72 |
EBIT | 81.74 | 89.55 | -47.48 | 55.59 | -36.01 |
Net earnings | 63.10 | 69.51 | -37.81 | 43.27 | -28.49 |
Shareholders equity total | 77.49 | 110.00 | 3.19 | 46.46 | 17.98 |
Balance sheet total (assets) | 104.08 | 152.56 | 49.42 | 102.78 | 69.46 |
Net debt | -33.53 | 5.69 | -1.03 | -44.40 | 16.96 |
Profitability | |||||
EBIT-% | |||||
ROA | 123.2 % | 69.8 % | -47.0 % | 73.0 % | -41.8 % |
ROE | 137.3 % | 74.1 % | -66.8 % | 174.3 % | -88.4 % |
ROI | 172.3 % | 91.6 % | -62.7 % | 116.2 % | -65.9 % |
Economic value added (EVA) | 62.24 | 65.62 | -43.55 | 41.60 | -31.62 |
Solvency | |||||
Equity ratio | 74.5 % | 72.1 % | 6.5 % | 45.2 % | 25.9 % |
Gearing | 7.4 % | 942.0 % | 34.4 % | 160.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.9 | 3.6 | 1.1 | 1.8 | 1.3 |
Current ratio | 3.9 | 3.6 | 1.1 | 1.8 | 1.3 |
Cash and cash equivalents | 33.53 | 2.45 | 31.07 | 60.38 | 11.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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