K/S ERMYN WAY — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S ERMYN WAY
K/S ERMYN WAY (CVR number: 28983816) is a company from KØBENHAVN. The company reported a net sales of 4.3 mDKK in 2024, demonstrating a growth of 6.9 % compared to the previous year. The operating profit percentage was poor at -40.7 % (EBIT: -1.7 mDKK), while net earnings were -1619.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S ERMYN WAY's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 603.95 | 3 719.13 | 3 899.24 | 4 011.21 | 4 289.07 |
Gross profit | 3 603.95 | 3 719.13 | 3 899.24 | 3 642.81 | 514.73 |
EBIT | 3 394.43 | 3 576.65 | 3 678.30 | -14 032.29 | -1 744.36 |
Net earnings | 530.63 | 5 598.89 | -6 074.80 | -16 773.36 | -1 619.53 |
Shareholders equity total | 7 042.16 | 12 993.99 | 7 307.43 | -9 113.00 | -4 781.63 |
Balance sheet total (assets) | 59 081.65 | 66 843.90 | 58 466.77 | 41 806.24 | 51 768.69 |
Net debt | 46 488.20 | 46 945.79 | 43 712.94 | 42 819.16 | 36 207.89 |
Profitability | |||||
EBIT-% | 94.2 % | 96.2 % | 94.3 % | -349.8 % | -40.7 % |
ROA | 9.3 % | 6.3 % | 8.8 % | -25.6 % | 5.0 % |
ROE | 8.0 % | 55.9 % | -59.8 % | -68.3 % | -3.5 % |
ROI | 9.4 % | 6.4 % | 9.0 % | -26.0 % | 5.0 % |
Economic value added (EVA) | 350.03 | 655.81 | 369.73 | -16 921.83 | -3 810.87 |
Solvency | |||||
Equity ratio | 11.9 % | 19.4 % | 12.5 % | -17.9 % | -8.5 % |
Gearing | 725.4 % | 406.7 % | 686.9 % | -551.3 % | -1168.4 % |
Relative net indebtedness % | 1316.4 % | 1289.2 % | 1145.8 % | 1084.5 % | 860.0 % |
Liquidity | |||||
Quick ratio | 2.7 | 2.9 | 3.1 | 11.0 | 0.7 |
Current ratio | 2.7 | 2.9 | 3.1 | 11.0 | 0.7 |
Cash and cash equivalents | 4 595.91 | 5 902.40 | 6 482.87 | 7 418.39 | 19 662.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.4 | ||||
Net working capital % | 79.7 % | 104.4 % | 113.3 % | 169.9 % | -188.8 % |
Credit risk | |||||
Credit rating | A | A | A | BB | BBB |
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