EREN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 1 158.79 | 2 423.43 | 3 189.69 |
Gross profit | 188.71 | 885.81 | 1 169.90 |
EBIT | -84.49 | 47.30 | 17.05 |
Net earnings | -86.89 | 26.51 | 12.74 |
Shareholders equity total | -88.59 | -62.08 | -49.34 |
Balance sheet total (assets) | 143.48 | 482.14 | 244.21 |
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) | -84.49 | 39.17 | 20.35 |
Solvency | |||
Equity ratio | -38.2 % | -11.4 % | -16.8 % |
Gearing | |||
Relative net indebtedness % | 18.1 % | 19.4 % | 7.6 % |
Liquidity | |||
Quick ratio | 0.1 | 0.8 | 0.7 |
Current ratio | 0.1 | 0.8 | 0.7 |
Cash and cash equivalents | 22.59 | 74.88 | 51.64 |
Capital use efficiency | |||
Trade debtors turnover (days) | 49.7 | 17.6 | |
Net working capital % | -17.6 % | -4.9 % | -2.8 % |
Credit risk | |||
Credit rating | B | B | C |
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