ERHVERVSHUSET MIDTJYLLAND A/S — Credit Rating and Financial Key Figures

CVR number: 81843716
Hans Broges Gade 2, 8000 Aarhus C
tel: 86880734
Free credit report

Company information

Official name
ERHVERVSHUSET MIDTJYLLAND A/S
Established
1982
Company form
Limited company
Industry

About ERHVERVSHUSET MIDTJYLLAND A/S

ERHVERVSHUSET MIDTJYLLAND A/S (CVR number: 81843716) is a company from AARHUS. The company recorded a gross profit of 128.9 kDKK in 2018. The operating profit was -348.3 kDKK, while net earnings were -451.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -38.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. ERHVERVSHUSET MIDTJYLLAND A/S's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit- 105.66-5 793.64128.91
EBIT- 826.96-6 457.85- 348.29
Net earnings-2 096.73-6 634.28- 451.87
Shareholders equity total1 174.001 174.001 174.00
Balance sheet total (assets)14 916.4811 243.384 954.96
Net debt13 180.639 436.063 760.96
Profitability
EBIT-%
ROA-5.4 %-48.7 %-0.9 %
ROE-178.6 %-565.1 %-38.5 %
ROI-5.6 %-49.8 %-0.9 %
Economic value added (EVA)- 587.14-6 958.21- 778.06
Solvency
Equity ratio7.9 %10.4 %23.7 %
Gearing1122.7 %803.8 %320.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.52.21.3
Current ratio3.14.71.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-0.92%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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