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Earfab ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Earfab ApS
Earfab ApS (CVR number: 41598085) is a company from FREDENSBORG. The company recorded a gross profit of -599.6 kDKK in 2024. The operating profit was -2163.1 kDKK, while net earnings were -1679.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -82.8 %, which can be considered poor and Return on Equity (ROE) was -82 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. Earfab ApS's liquidity measured by quick ratio was 1.1 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | - 402.54 | -1 033.32 | -1 060.67 | - 599.61 |
| EBIT | - 601.82 | -2 176.26 | -2 239.14 | -2 163.07 |
| Net earnings | - 605.41 | -2 182.80 | -2 245.31 | -1 679.23 |
| Shareholders equity total | 134.97 | 452.31 | 1 762.00 | 2 332.14 |
| Balance sheet total (assets) | 608.66 | 851.69 | 2 042.23 | 3 183.71 |
| Net debt | 262.88 | 393.38 | 99.11 | 245.53 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -98.9 % | -298.0 % | -154.6 % | -82.8 % |
| ROE | -448.6 % | -743.4 % | -202.8 % | -82.0 % |
| ROI | -99.9 % | -300.5 % | -165.3 % | -97.5 % |
| Economic value added (EVA) | - 601.82 | -2 196.30 | -2 281.64 | -1 760.30 |
| Solvency | ||||
| Equity ratio | 22.2 % | 53.1 % | 86.3 % | 73.3 % |
| Gearing | 195.4 % | 87.0 % | 5.6 % | 10.5 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.4 | 0.3 | 2.1 | 1.1 |
| Current ratio | 0.4 | 0.3 | 2.1 | 1.1 |
| Cash and cash equivalents | 0.79 | |||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | BB | BB |
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