ERASMUS & PARTNERE A/S — Credit Rating and Financial Key Figures

CVR number: 28493584
Åstrupvej 10, 9800 Hjørring
thomas@erasmus.dk
tel: 98943811
www.erasmus.dk

Credit rating

Company information

Official name
ERASMUS & PARTNERE A/S
Personnel
20 persons
Established
2005
Company form
Limited company
Industry

About ERASMUS & PARTNERE A/S

ERASMUS & PARTNERE A/S (CVR number: 28493584) is a company from HJØRRING. The company recorded a gross profit of 13.2 mDKK in 2023. The operating profit was -644.4 kDKK, while net earnings were -674.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ERASMUS & PARTNERE A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit11 651.7713 983.1617 662.3721 210.8713 235.23
EBIT2 179.793 512.873 527.725 905.22- 644.39
Net earnings1 683.892 732.892 740.714 602.41- 674.30
Shareholders equity total2 183.983 232.973 240.785 102.49- 174.21
Balance sheet total (assets)5 307.409 696.988 429.439 262.576 776.11
Net debt-16.69-2 934.08- 415.50-1 994.352 554.08
Profitability
EBIT-%
ROA48.5 %46.9 %39.1 %67.1 %-7.4 %
ROE81.8 %100.9 %84.7 %110.3 %-11.4 %
ROI82.1 %91.5 %83.9 %127.9 %-14.0 %
Economic value added (EVA)1 596.122 590.292 575.404 426.24- 783.43
Solvency
Equity ratio41.1 %33.3 %38.4 %55.1 %-2.5 %
Gearing25.8 %0.0 %-1857.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.71.72.20.9
Current ratio1.81.71.72.20.9
Cash and cash equivalents579.802 934.32415.501 994.35682.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-7.35%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.51%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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