ERP Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERP Nordic ApS
ERP Nordic ApS (CVR number: 37492698) is a company from RINGSTED. The company recorded a gross profit of 1201.3 kDKK in 2023. The operating profit was -38.5 kDKK, while net earnings were -40.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERP Nordic ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 071.14 | 832.94 | 1 668.85 | 1 429.57 | 1 201.34 |
EBIT | 340.50 | 173.95 | 885.68 | 546.93 | -38.51 |
Net earnings | 265.05 | 135.14 | 688.94 | 425.09 | -40.82 |
Shareholders equity total | 315.21 | 185.14 | 738.94 | 475.09 | 234.28 |
Balance sheet total (assets) | 836.19 | 622.37 | 1 280.70 | 1 070.57 | 780.56 |
Net debt | - 343.16 | 18.11 | - 772.00 | - 759.28 | - 598.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.4 % | 23.9 % | 93.1 % | 46.5 % | -4.1 % |
ROE | 119.3 % | 54.0 % | 149.1 % | 70.0 % | -11.5 % |
ROI | 74.5 % | 35.4 % | 126.9 % | 75.4 % | -10.7 % |
Economic value added (EVA) | 279.47 | 149.29 | 692.47 | 439.55 | -15.67 |
Solvency | |||||
Equity ratio | 37.7 % | 29.7 % | 57.7 % | 44.4 % | 30.0 % |
Gearing | 78.4 % | 127.4 % | 32.0 % | 0.4 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 2.4 | 1.8 | 1.4 |
Current ratio | 1.6 | 1.4 | 2.4 | 1.8 | 1.4 |
Cash and cash equivalents | 590.33 | 217.69 | 1 008.14 | 761.02 | 599.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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