ERLING BAK INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 29530092
Højmarken 3, 9270 Klarup
tel: 98319472

Company information

Official name
ERLING BAK INVEST ApS
Established
2006
Company form
Private limited company
Industry

About ERLING BAK INVEST ApS

ERLING BAK INVEST ApS (CVR number: 29530092) is a company from AALBORG. The company recorded a gross profit of -21.8 kDKK in 2024. The operating profit was -21.8 kDKK, while net earnings were 490.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING BAK INVEST ApS's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.26-22.29-22.67-32.68-21.82
EBIT-25.16-22.29-22.67-32.68-21.82
Net earnings-56.88772.15-3 065.98- 365.07490.11
Shareholders equity total10 347.5311 119.687 939.307 456.437 824.53
Balance sheet total (assets)11 254.9312 049.788 530.628 068.768 452.40
Net debt-7 450.58648.16-2 218.84-8.87546.52
Profitability
EBIT-%
ROA2.7 %8.5 %4.0 %13.9 %7.7 %
ROE-0.5 %7.2 %-32.2 %-4.7 %6.4 %
ROI2.7 %8.6 %4.0 %-3.0 %7.8 %
Economic value added (EVA)- 587.36- 583.19- 617.73- 450.64- 420.62
Solvency
Equity ratio91.9 %92.3 %93.1 %92.4 %92.6 %
Gearing8.8 %6.8 %7.1 %7.7 %7.8 %
Relative net indebtedness %
Liquidity
Quick ratio9.30.25.21.50.5
Current ratio9.30.25.21.50.5
Cash and cash equivalents8 357.98110.462 785.79584.3260.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:7.75%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.6%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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