EREC III Holdings ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EREC III Holdings ApS
EREC III Holdings ApS (CVR number: 37786667) is a company from KØBENHAVN. The company recorded a gross profit of -146 kDKK in 2023. The operating profit was -146 kDKK, while net earnings were -2537 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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. EREC III Holdings ApS's liquidity measured by quick ratio was 2.9 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 | - 283.00 | - 122.00 | - 199.00 | - 146.00 | |
EBIT | - 283.00 | - 122.00 | - 199.00 | - 146.00 | |
Net earnings | -4 843.00 | -4 724.00 | -2 536.00 | -2 537.00 | |
Shareholders equity total | 148 057.00 | 143 333.00 | 140 797.00 | 138 260.00 | |
Balance sheet total (assets) | 284 440.00 | 283 697.00 | 283 538.00 | 284 893.00 | |
Net debt | 136 257.00 | 137 928.00 | 140 544.00 | 143 026.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.0 % | -0.1 % | -0.0 % | |
ROE | -3.4 % | -3.3 % | -1.8 % | -1.8 % | |
ROI | -0.1 % | -0.0 % | -0.1 % | -0.0 % | |
Economic value added (EVA) | 13 519.21 | 14 834.75 | - 105.21 | 14 998.75 | 7 003.29 |
Solvency | |||||
Equity ratio | 52.1 % | 50.5 % | 49.7 % | 32.2 % | |
Gearing | 92.0 % | 97.9 % | 101.4 % | 105.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.0 | 0.0 | 2.9 | |
Current ratio | 0.2 | 0.0 | 0.0 | 2.9 | |
Cash and cash equivalents | 9.00 | 2 398.00 | 2 165.00 | 2 805.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A |
Variable visualization
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