ERUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERUP HOLDING ApS
ERUP HOLDING ApS (CVR number: 32083420) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of -200 % compared to the previous year. The operating profit percentage was at 97 % (EBIT: 0.5 mDKK), while net earnings were 527.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 116.7 %, which can be considered excellent and Return on Equity (ROE) was 399.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. ERUP HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 426.74 | - 344.20 | - 208.06 | - 500.00 | 500.00 |
Gross profit | - 427.34 | - 357.20 | - 222.02 | - 513.95 | 485.12 |
EBIT | - 427.34 | - 357.20 | - 222.02 | - 513.95 | 485.12 |
Net earnings | - 388.68 | - 316.48 | - 181.11 | - 469.53 | 527.93 |
Shareholders equity total | 496.13 | 179.65 | -1.47 | - 471.00 | 56.94 |
Balance sheet total (assets) | 1 211.63 | 493.63 | 626.26 | 207.16 | 240.22 |
Net debt | 311.41 | -0.91 | -27.64 | - 198.90 | - 232.71 |
Profitability | |||||
EBIT-% | 97.0 % | ||||
ROA | -30.4 % | -36.0 % | -30.7 % | -71.1 % | 116.7 % |
ROE | -56.3 % | -93.7 % | -44.9 % | -112.7 % | 399.8 % |
ROI | -37.8 % | -47.6 % | -57.4 % | -121.7 % | 187.1 % |
Economic value added (EVA) | - 396.17 | - 339.42 | - 221.95 | - 491.53 | 512.07 |
Solvency | |||||
Equity ratio | 40.9 % | 36.4 % | -0.2 % | -69.5 % | 23.7 % |
Gearing | 90.7 % | 92.2 % | -17328.9 % | -1.8 % | 13.2 % |
Relative net indebtedness % | -135.2 % | -42.8 % | -166.3 % | 5.8 % | -11.4 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.0 | 1.2 | 1.3 |
Current ratio | 0.9 | 0.9 | 1.0 | 1.2 | 1.3 |
Cash and cash equivalents | 138.50 | 166.62 | 281.68 | 207.16 | 240.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 13.2 % | 8.3 % | 0.7 % | -5.8 % | 11.4 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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