EREC III Holdings ApS — Credit Rating and Financial Key Figures

CVR number: 37786667
Kongens Nytorv 26, 1050 København K
tel: 70222215

Company information

Official name
EREC III Holdings ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total148 057.00143 333.00140 797.00138 260.00
Balance sheet total (assets)284 440.00283 697.00283 538.00284 893.00
Net debt136 257.00137 928.00140 544.00143 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)13 519.2114 834.75- 105.2114 998.757 003.29
Solvency
Equity ratio52.1 %50.5 %49.7 %32.2 %
Gearing92.0 %97.9 %101.4 %105.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.02.9
Current ratio0.20.00.02.9
Cash and cash equivalents9.002 398.002 165.002 805.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:-0.05%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.2%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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