ERLINORD EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 32442501
Majsvangen 18, 7120 Vejle Øst
kim@erlinord.dk
tel: 75882292

Credit rating

Company information

Official name
ERLINORD EJENDOMSSELSKAB ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About ERLINORD EJENDOMSSELSKAB ApS

ERLINORD EJENDOMSSELSKAB ApS (CVR number: 32442501) is a company from VEJLE. The company recorded a gross profit of 100 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -114.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. ERLINORD EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit388.50189.40486.5247.99100.00
EBIT246.85- 257.7899.05-41.02-6.16
Net earnings130.72- 256.7125.63-79.84- 114.20
Shareholders equity total1 949.801 693.101 718.731 638.891 524.69
Balance sheet total (assets)4 331.744 310.414 039.823 850.324 169.69
Net debt1 629.991 565.911 400.321 683.332 115.79
Profitability
EBIT-%
ROA5.5 %-6.0 %2.4 %-1.0 %-0.2 %
ROE6.9 %-14.1 %1.5 %-4.8 %-7.2 %
ROI5.6 %-6.3 %2.6 %-1.1 %-0.2 %
Economic value added (EVA)117.58- 288.104.90- 111.60-83.90
Solvency
Equity ratio45.0 %39.3 %42.5 %42.6 %36.6 %
Gearing94.8 %107.5 %89.4 %106.7 %141.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.00.0
Current ratio0.10.10.10.00.0
Cash and cash equivalents218.34253.66135.4265.0447.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.15%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.6%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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