K/S ERMYN WAY — Credit Rating and Financial Key Figures

CVR number: 28983816
Bornholmsgade 3, 1266 København K
info@nectaram.com
tel: 50713164

Credit rating

Company information

Official name
K/S ERMYN WAY
Established
2005
Company form
Limited partnership
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 603.953 719.133 899.244 011.214 289.07
Gross profit3 603.953 719.133 899.243 642.81514.73
EBIT3 394.433 576.653 678.30-14 032.29-1 744.36
Net earnings530.635 598.89-6 074.80-16 773.36-1 619.53
Shareholders equity total7 042.1612 993.997 307.43-9 113.00-4 781.63
Balance sheet total (assets)59 081.6566 843.9058 466.7741 806.2451 768.69
Net debt46 488.2046 945.7943 712.9442 819.1636 207.89
Profitability
EBIT-%94.2 %96.2 %94.3 %-349.8 %-40.7 %
ROA9.3 %6.3 %8.8 %-25.6 %5.0 %
ROE8.0 %55.9 %-59.8 %-68.3 %-3.5 %
ROI9.4 %6.4 %9.0 %-26.0 %5.0 %
Economic value added (EVA)350.03655.81369.73-16 921.83-3 810.87
Solvency
Equity ratio11.9 %19.4 %12.5 %-17.9 %-8.5 %
Gearing725.4 %406.7 %686.9 %-551.3 %-1168.4 %
Relative net indebtedness %1316.4 %1289.2 %1145.8 %1084.5 %860.0 %
Liquidity
Quick ratio2.72.93.111.00.7
Current ratio2.72.93.111.00.7
Cash and cash equivalents4 595.915 902.406 482.877 418.3919 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 ratingAAABBBBB

Variable visualization

ROA:4.97%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.46%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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