ERTMAN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35029788
Vordingborgvej 158 E, 4681 Herfølge
jertman@hotmail.com
tel: 26853581

Credit rating

Company information

Official name
ERTMAN HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About ERTMAN HOLDING ApS

ERTMAN HOLDING ApS (CVR number: 35029788) is a company from KØGE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 5.8 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 0.8 mDKK), while net earnings were 891.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERTMAN HOLDING ApS's liquidity measured by quick ratio was 98.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 060.511 200.061 813.51813.89860.72
Gross profit1 047.311 189.811 800.24802.89860.72
EBIT1 047.311 189.811 800.24802.89846.28
Net earnings1 048.871 196.441 813.35839.93891.39
Shareholders equity total2 723.013 808.845 509.194 349.135 122.72
Balance sheet total (assets)2 731.203 817.075 524.364 384.235 160.17
Net debt-75.85- 805.19- 935.73- 744.73-1 037.08
Profitability
EBIT-%98.8 %99.1 %99.3 %98.6 %98.3 %
ROA46.5 %36.7 %38.9 %17.2 %18.9 %
ROE46.6 %36.6 %38.9 %17.0 %18.8 %
ROI46.6 %36.8 %39.0 %17.3 %19.0 %
Economic value added (EVA)957.761 052.981 616.48519.99619.57
Solvency
Equity ratio99.7 %99.8 %99.7 %99.2 %99.3 %
Gearing
Relative net indebtedness %-6.4 %-66.4 %-50.8 %-87.2 %-116.1 %
Liquidity
Quick ratio143.7226.1227.094.698.5
Current ratio143.7226.1227.094.698.5
Cash and cash equivalents75.85805.19935.73744.731 037.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %110.4 %154.2 %189.1 %403.9 %424.1 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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