EW 88 ApS — Credit Rating and Financial Key Figures

CVR number: 39255650
Rønnevej 8, 8240 Risskov
ole@blegvad.dk

Company information

Official name
EW 88 ApS
Established
2018
Company form
Private limited company
Industry

About EW 88 ApS

EW 88 ApS (CVR number: 39255650) is a company from AARHUS. The company recorded a gross profit of 2698.6 kDKK in 2023. The operating profit was 2998.6 kDKK, while net earnings were 1898.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EW 88 ApS's liquidity measured by quick ratio was 0.2 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 profit3 013.372 402.812 431.212 555.522 698.60
EBIT5 157.732 602.812 531.222 655.532 998.60
Net earnings3 113.661 787.751 677.683 957.861 898.72
Shareholders equity total10 323.0212 110.7813 788.4517 746.3119 645.03
Balance sheet total (assets)35 324.6135 747.3535 387.7935 753.5536 264.99
Net debt23 419.6321 950.7019 539.9815 037.1014 275.61
Profitability
EBIT-%
ROA14.7 %7.3 %7.1 %15.1 %8.4 %
ROE35.5 %15.9 %13.0 %25.1 %10.2 %
ROI15.8 %7.5 %7.3 %15.7 %8.7 %
Economic value added (EVA)2 873.99661.16488.62621.47813.46
Solvency
Equity ratio29.2 %33.9 %39.0 %49.6 %54.2 %
Gearing229.6 %181.2 %142.1 %86.3 %75.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.10.2
Current ratio0.00.10.00.10.2
Cash and cash equivalents287.0050.12269.55523.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:8.38%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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