ERW Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERW Holding A/S
ERW Holding A/S (CVR number: 26923530) is a company from GENTOFTE. The company recorded a gross profit of -15.6 kDKK in 2023. The operating profit was -315.6 kDKK, while net earnings were 546 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERW Holding A/S's liquidity measured by quick ratio was 39.6 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 | -77.00 | -53.00 | -38.57 | -57.45 | -15.64 |
EBIT | - 197.00 | - 183.00 | - 118.57 | - 357.45 | - 315.64 |
Net earnings | 1 455.00 | 2 198.00 | 1 597.06 | -1 657.93 | 546.01 |
Shareholders equity total | 10 851.00 | 12 449.00 | 13 746.21 | 11 887.27 | 12 333.28 |
Balance sheet total (assets) | 11 085.00 | 13 451.00 | 14 957.10 | 12 569.38 | 12 653.00 |
Net debt | -8 880.00 | -11 832.00 | -13 948.03 | -11 518.01 | -12 075.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.7 % | 23.1 % | 14.7 % | -1.5 % | 5.7 % |
ROE | 14.0 % | 18.9 % | 12.2 % | -12.9 % | 4.5 % |
ROI | 17.9 % | 24.4 % | 15.9 % | -1.6 % | 6.0 % |
Economic value added (EVA) | - 655.91 | - 687.95 | - 717.96 | - 965.82 | - 840.05 |
Solvency | |||||
Equity ratio | 97.9 % | 92.6 % | 91.9 % | 94.6 % | 97.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 47.4 | 13.4 | 12.4 | 18.4 | 39.6 |
Current ratio | 47.4 | 13.4 | 12.4 | 18.4 | 39.6 |
Cash and cash equivalents | 8 880.00 | 11 832.00 | 13 948.03 | 11 518.01 | 12 075.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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