ERIK RYE EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 27916821
Rugmarken 25, 9490 Pandrup
tel: 98247666

Company information

Official name
ERIK RYE EJENDOMME ApS
Established
2004
Company form
Private limited company
Industry

About ERIK RYE EJENDOMME ApS

ERIK RYE EJENDOMME ApS (CVR number: 27916821) is a company from JAMMERBUGT. The company recorded a gross profit of 345.5 kDKK in 2023. The operating profit was 215.1 kDKK, while net earnings were -50.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22 %, 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. ERIK RYE EJENDOMME ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit506.92467.00453.35372.07345.52
EBIT376.45336.53322.89241.61215.06
Net earnings132.0999.6893.524.02-50.69
Shareholders equity total1 398.351 498.031 591.561 595.571 544.89
Balance sheet total (assets)7 519.657 383.647 252.747 261.807 009.93
Net debt5 723.815 657.025 457.105 335.945 272.96
Profitability
EBIT-%
ROA5.0 %4.5 %4.4 %3.3 %3.0 %
ROE9.9 %6.9 %6.1 %0.3 %-3.2 %
ROI5.2 %4.7 %4.5 %3.4 %3.1 %
Economic value added (EVA)-43.75-50.58-41.57-63.6980.04
Solvency
Equity ratio18.6 %20.3 %21.9 %22.0 %22.0 %
Gearing410.8 %379.0 %344.1 %343.2 %343.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.00.00.00.10.0
Cash and cash equivalents20.0020.0020.00139.8931.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.03%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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