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ERTMANN INVESTMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERTMANN INVESTMENT ApS
ERTMANN INVESTMENT ApS (CVR number: 32093000) is a company from GREVE. The company recorded a gross profit of -16.2 kDKK in 2025. The operating profit was -16.2 kDKK, while net earnings were 410.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERTMANN INVESTMENT ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 46.88 | ||||
| Gross profit | 26.76 | -21.22 | -31.95 | -21.54 | -16.21 |
| EBIT | 26.76 | -21.22 | -31.95 | -21.54 | -16.21 |
| Net earnings | 196.65 | - 223.77 | 628.06 | 399.43 | 410.77 |
| Shareholders equity total | 2 087.47 | 1 749.30 | 2 259.56 | 2 536.99 | 2 812.75 |
| Balance sheet total (assets) | 2 153.63 | 1 774.17 | 2 287.04 | 3 378.22 | 3 733.78 |
| Net debt | -2 076.69 | -1 415.05 | -1 258.03 | 700.40 | 501.44 |
| Profitability | |||||
| EBIT-% | 57.1 % | ||||
| ROA | 12.2 % | 4.9 % | 31.9 % | 15.7 % | 13.3 % |
| ROE | 9.6 % | -11.7 % | 31.3 % | 16.7 % | 15.4 % |
| ROI | 12.5 % | 5.0 % | 32.3 % | 15.9 % | 13.4 % |
| Economic value added (EVA) | -78.58 | - 125.90 | - 110.59 | - 130.34 | - 191.63 |
| Solvency | |||||
| Equity ratio | 96.9 % | 98.6 % | 98.8 % | 75.1 % | 75.3 % |
| Gearing | 32.6 % | 30.8 % | |||
| Relative net indebtedness % | -4289.1 % | ||||
| Liquidity | |||||
| Quick ratio | 31.9 | 69.2 | 59.7 | 0.6 | 0.5 |
| Current ratio | 31.9 | 69.2 | 59.7 | 0.6 | 0.5 |
| Cash and cash equivalents | 2 076.69 | 1 415.05 | 1 258.03 | 126.34 | 365.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 1113.1 % | ||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | A | A |
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