Earlbrook Management A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Earlbrook Management A/S
Earlbrook Management A/S (CVR number: 19851877) is a company from KØBENHAVN. The company recorded a gross profit of 269.4 kDKK in 2023. The operating profit was -214.6 kDKK, while net earnings were -182.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. Earlbrook Management A/S's liquidity measured by quick ratio was 4.9 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 | 1 039.25 | ||||
| Gross profit | 541.31 | 639.98 | 922.88 | 1 379.96 | 269.43 |
| EBIT | -49.76 | 125.17 | 381.30 | 895.86 | - 214.60 |
| Net earnings | 113.03 | 90.34 | 296.15 | 700.54 | - 182.30 |
| Shareholders equity total | 1 917.25 | 2 007.60 | 2 303.75 | 3 004.28 | 2 821.98 |
| Balance sheet total (assets) | 3 888.10 | 4 224.23 | 3 744.18 | 3 405.30 | 3 542.45 |
| Net debt | 1 693.13 | 1 059.70 | 666.95 | - 247.69 | 225.30 |
| Profitability | |||||
| EBIT-% | 12.0 % | ||||
| ROA | -5.6 % | 3.1 % | 9.6 % | 25.2 % | -6.0 % |
| ROE | 6.1 % | 4.6 % | 13.7 % | 26.4 % | -6.3 % |
| ROI | 3.6 % | 3.2 % | 10.2 % | 27.4 % | -6.5 % |
| Economic value added (EVA) | - 302.00 | - 101.50 | 101.79 | 520.44 | - 328.14 |
| Solvency | |||||
| Equity ratio | 49.3 % | 47.5 % | 61.5 % | 88.2 % | 79.7 % |
| Gearing | 99.4 % | 93.9 % | 54.1 % | 21.0 % | |
| Relative net indebtedness % | 133.8 % | ||||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.5 | 0.5 | 0.8 | 4.9 |
| Current ratio | 0.3 | 0.5 | 0.5 | 0.8 | 4.9 |
| Cash and cash equivalents | 212.55 | 825.99 | 578.23 | 247.69 | 367.71 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 19.8 | ||||
| Net working capital % | -112.6 % | ||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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