EREN ApS — Credit Rating and Financial Key Figures

CVR number: 35416803
Mørkager 21, 2620 Albertslund
coskuncifci@msn.com
tel: 25919190

Company information

Official name
EREN ApS
Established
2013
Company form
Private limited company
Industry

About EREN ApS

EREN ApS (CVR number: 35416803) is a company from ALBERTSLUND. The company reported a net sales of 3.2 mDKK in 2018, demonstrating a growth of 31.6 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0 mDKK), while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -16.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EREN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales1 158.792 423.433 189.69
Gross profit188.71885.811 169.90
EBIT-84.4947.3017.05
Net earnings-86.8926.5112.74
Shareholders equity total-88.59-62.08-49.34
Balance sheet total (assets)143.48482.14244.21
Net debt-22.59-74.88-51.64
Profitability
EBIT-%-7.3 %2.0 %0.5 %
ROA-36.4 %12.2 %4.1 %
ROE-60.6 %8.5 %3.5 %
ROI
Economic value added (EVA)-84.4939.1720.35
Solvency
Equity ratio-38.2 %-11.4 %-16.8 %
Gearing
Relative net indebtedness %18.1 %19.4 %7.6 %
Liquidity
Quick ratio0.10.80.7
Current ratio0.10.80.7
Cash and cash equivalents22.5974.8851.64
Capital use efficiency
Trade debtors turnover (days)49.717.6
Net working capital %-17.6 %-4.9 %-2.8 %
Credit risk
Credit ratingBBC

Variable visualization

ROA:4.07%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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