Erves Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Erves Holding ApS
Erves Holding ApS (CVR number: 39369702) is a company from FREDERICIA. The company recorded a gross profit of -6.5 kDKK in 2023. The operating profit was -6.5 kDKK, while net earnings were -11.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -21.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Erves Holding ApS's liquidity measured by quick ratio was 0.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.25 | -5.56 | -6.00 | -6.13 | -6.45 |
EBIT | -7.25 | -5.56 | -6.00 | -6.13 | -6.45 |
Net earnings | -7.25 | -5.56 | -6.00 | -6.13 | -11.95 |
Shareholders equity total | 28.58 | 23.02 | 17.02 | 10.89 | -1.05 |
Balance sheet total (assets) | 200.91 | 194.91 | 182.66 | 101.66 | 101.66 |
Net debt | 165.08 | 164.64 | 158.39 | 83.52 | 95.46 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.5 % | -2.8 % | -3.2 % | -4.3 % | -6.3 % |
ROE | -22.5 % | -21.6 % | -30.0 % | -43.9 % | -21.2 % |
ROI | -6.3 % | -2.9 % | -3.3 % | -4.5 % | -6.8 % |
Economic value added (EVA) | -8.00 | -5.94 | -6.10 | -5.92 | -5.94 |
Solvency | |||||
Equity ratio | 14.2 % | 11.8 % | 9.3 % | 10.7 % | -1.0 % |
Gearing | 577.6 % | 715.3 % | 930.7 % | 766.7 % | -9057.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 0.9 | 0.8 |
Current ratio | 1.0 | 1.0 | 1.0 | 0.9 | 0.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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