Erlings jazz- og ølbar ApS — Credit Rating and Financial Key Figures

CVR number: 39893770
Skejbyvej 259, 8240 Risskov
kontakt@erlings.dk
tel: 42484321
www.erlings.dk

Credit rating

Company information

Official name
Erlings jazz- og ølbar ApS
Personnel
15 persons
Established
2018
Company form
Private limited company
Industry

About Erlings jazz- og ølbar ApS

Erlings jazz- og ølbar ApS (CVR number: 39893770) is a company from AARHUS. The company recorded a gross profit of 1000.8 kDKK in 2023. The operating profit was 50.1 kDKK, while net earnings were 49.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Erlings jazz- og ølbar ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 800.481 960.55
Gross profit810.83747.46889.55926.701 000.80
EBIT-47.60-92.4269.45-35.3450.12
Net earnings-54.01-99.2062.77-37.9949.08
Shareholders equity total195.9990.29153.07115.08164.16
Balance sheet total (assets)263.90209.81301.49221.25318.78
Net debt- 130.17-86.57- 103.28-92.80- 166.78
Profitability
EBIT-%-1.7 %-4.7 %
ROA-18.0 %-39.0 %27.2 %-13.5 %18.6 %
ROE-27.6 %-69.3 %51.6 %-28.3 %35.2 %
ROI-24.3 %-64.6 %49.4 %-23.1 %35.9 %
Economic value added (EVA)-47.60-88.8876.12-35.9349.00
Solvency
Equity ratio74.3 %43.0 %50.8 %52.0 %51.5 %
Gearing24.8 %
Relative net indebtedness %-2.2 %1.7 %
Liquidity
Quick ratio1.90.71.21.11.2
Current ratio1.90.71.31.21.4
Cash and cash equivalents130.1786.57141.3092.80166.78
Capital use efficiency
Trade debtors turnover (days)0.5
Net working capital %2.2 %-1.5 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:18.6%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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