ERIK RUBÆK ApS — Credit Rating and Financial Key Figures

CVR number: 25127447
Gåbense Strandvej 31, 4840 Nørre Alslev
er12141214@gmail.com
tel: 20994129

Credit rating

Company information

Official name
ERIK RUBÆK ApS
Established
2000
Company form
Private limited company
Industry

About ERIK RUBÆK ApS

ERIK RUBÆK ApS (CVR number: 25127447) is a company from GULDBORGSUND. The company recorded a gross profit of 104.3 kDKK in 2024. The operating profit was 27.8 kDKK, while net earnings were 21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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. ERIK RUBÆK ApS's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales154.34
Gross profit100.10154.34102.81114.10104.27
EBIT24.6691.0631.8436.3327.80
Net earnings11.6241.3123.2628.3521.76
Shareholders equity total136.66196.31149.57153.91151.68
Balance sheet total (assets)628.26640.81599.50525.15487.16
Net debt366.07230.31251.56205.85164.98
Profitability
EBIT-%59.0 %
ROA3.7 %14.4 %5.1 %6.5 %5.5 %
ROE8.2 %24.8 %13.5 %18.7 %14.2 %
ROI4.0 %15.8 %5.6 %7.1 %6.1 %
Economic value added (EVA)-14.5823.32-5.190.62-2.27
Solvency
Equity ratio21.8 %30.6 %24.9 %29.3 %31.1 %
Gearing299.8 %173.9 %240.5 %180.9 %157.1 %
Relative net indebtedness %190.7 %
Liquidity
Quick ratio0.10.30.30.20.3
Current ratio0.10.30.30.20.3
Cash and cash equivalents43.58111.08108.2172.6273.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-190.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.51%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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