ERHVERVSHUSET MIDTJYLLAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 105.66 | -5 793.64 | 128.91 |
EBIT | - 826.96 | -6 457.85 | - 348.29 |
Net earnings | -2 096.73 | -6 634.28 | - 451.87 |
Shareholders equity total | 1 174.00 | 1 174.00 | 1 174.00 |
Balance sheet total (assets) | 14 916.48 | 11 243.38 | 4 954.96 |
Net debt | 13 180.63 | 9 436.06 | 3 760.96 |
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 ratio | 7.9 % | 10.4 % | 23.7 % |
Gearing | 1122.7 % | 803.8 % | 320.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.5 | 2.2 | 1.3 |
Current ratio | 3.1 | 4.7 | 1.3 |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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