ER Fredericia ApS — Credit Rating and Financial Key Figures

CVR number: 33866208
Nordensvej 27, Taulov 7000 Fredericia

Credit rating

Company information

Official name
ER Fredericia ApS
Established
2011
Domicile
Taulov
Company form
Private limited company
Industry

About ER Fredericia ApS

ER Fredericia ApS (CVR number: 33866208) is a company from FREDERICIA. The company recorded a gross profit of -210.4 kDKK in 2023. The operating profit was -210.4 kDKK, while net earnings were -245.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ER Fredericia ApS's liquidity measured by quick ratio was 18.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 126.78- 179.97- 177.62- 179.67- 210.36
EBIT- 126.78- 179.97- 177.62- 179.67- 210.36
Net earnings- 160.95- 205.62- 206.81- 211.65- 245.22
Shareholders equity total2 970.582 764.962 558.152 346.507 123.95
Balance sheet total (assets)8 120.828 091.798 112.238 117.088 178.17
Net debt4 008.814 223.024 417.164 630.17-88.60
Profitability
EBIT-%
ROA-1.6 %-2.2 %-2.2 %-2.2 %-2.6 %
ROE-5.3 %-7.2 %-7.8 %-8.6 %-5.2 %
ROI-1.6 %-2.2 %-2.2 %-2.2 %-2.6 %
Economic value added (EVA)- 256.23- 285.11- 274.99- 264.54- 282.38
Solvency
Equity ratio36.6 %34.2 %31.5 %28.9 %87.1 %
Gearing138.0 %154.5 %175.9 %201.0 %
Relative net indebtedness %
Liquidity
Quick ratio18.37.810.411.018.6
Current ratio18.37.810.411.018.6
Cash and cash equivalents90.2249.6082.7086.1888.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-2.58%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.1%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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