ERRI MIDDLE EAST A/S — Credit Rating and Financial Key Figures

CVR number: 29612889
Sørendalsvej 7, Kalvslund 6760 Ribe
tel: 97132382
Free credit report Annual report

Company information

Official name
ERRI MIDDLE EAST A/S
Established
2006
Domicile
Kalvslund
Company form
Limited company
Industry

About ERRI MIDDLE EAST A/S

ERRI MIDDLE EAST A/S (CVR number: 29612889) is a company from ESBJERG. The company recorded a gross profit of -8 kDKK in 2024. The operating profit was -8 kDKK, while net earnings were -4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERRI MIDDLE EAST A/S's liquidity measured by quick ratio was 6.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.00-6.10-6.60-10.10-8.00
EBIT-7.00-6.10-6.60-10.10-8.00
Net earnings-3.51-2.95-3.47-9.76-4.55
Shareholders equity total61.3958.4354.9745.2040.66
Balance sheet total (assets)224.39233.6362.2768.5347.96
Net debt155.71167.903.20
Profitability
EBIT-%
ROA0.6 %1.1 %-3.0 %-12.4 %-10.0 %
ROE-5.6 %-4.9 %-6.1 %-19.5 %-10.6 %
ROI0.6 %1.2 %-3.2 %-15.6 %-13.1 %
Economic value added (EVA)-17.35-17.00-17.97-11.25-8.67
Solvency
Equity ratio27.4 %25.0 %88.3 %66.0 %84.8 %
Gearing253.7 %287.3 %7.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.38.52.96.6
Current ratio1.41.38.52.96.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-10.0%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.8%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.