ERHVERVSBYVEJ 14 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERHVERVSBYVEJ 14 ApS
ERHVERVSBYVEJ 14 ApS (CVR number: 29422958) is a company from HORSENS. The company recorded a gross profit of 241.8 kDKK in 2023. The operating profit was -2769.9 kDKK, while net earnings were -2441.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERHVERVSBYVEJ 14 ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 818.01 | 2 709.31 | 2 787.16 | 3 518.22 | 241.75 |
EBIT | 4 419.02 | 6 586.31 | 4 489.16 | 4 332.36 | -2 769.91 |
Net earnings | 6 371.54 | 8 233.95 | 4 319.41 | - 873.35 | -2 441.09 |
Shareholders equity total | 23 919.29 | 34 797.67 | 43 880.67 | 55 557.21 | 16 116.12 |
Balance sheet total (assets) | 80 587.20 | 90 478.48 | 88 483.21 | 82 115.88 | 38 522.17 |
Net debt | 47 997.25 | 44 434.04 | 29 808.97 | 16 807.68 | 4 374.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.6 % | 14.6 % | 9.1 % | 10.1 % | -4.2 % |
ROE | 31.0 % | 28.0 % | 11.0 % | -1.8 % | -6.8 % |
ROI | 13.8 % | 14.8 % | 9.3 % | 10.4 % | -4.5 % |
Economic value added (EVA) | 2 236.73 | 4 566.78 | 3 182.40 | 2 706.20 | -3 849.88 |
Solvency | |||||
Equity ratio | 29.7 % | 38.5 % | 50.1 % | 67.7 % | 41.8 % |
Gearing | 219.0 % | 140.8 % | 80.1 % | 30.9 % | 83.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 1.3 | 4.0 | 0.8 |
Current ratio | 0.6 | 0.6 | 1.1 | 4.0 | 0.8 |
Cash and cash equivalents | 4 384.86 | 4 545.91 | 5 328.52 | 382.15 | 9 000.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AA | A | BBB |
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