ERHVERVSBYVEJ 14 ApS — Credit Rating and Financial Key Figures

CVR number: 29422958
Erhvervsbyvej 11, 8700 Horsens

Credit rating

Company information

Official name
ERHVERVSBYVEJ 14 ApS
Established
2006
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 818.012 709.312 787.163 518.22241.75
EBIT4 419.026 586.314 489.164 332.36-2 769.91
Net earnings6 371.548 233.954 319.41- 873.35-2 441.09
Shareholders equity total23 919.2934 797.6743 880.6755 557.2116 116.12
Balance sheet total (assets)80 587.2090 478.4888 483.2182 115.8838 522.17
Net debt47 997.2544 434.0429 808.9716 807.684 374.47
Profitability
EBIT-%
ROA13.6 %14.6 %9.1 %10.1 %-4.2 %
ROE31.0 %28.0 %11.0 %-1.8 %-6.8 %
ROI13.8 %14.8 %9.3 %10.4 %-4.5 %
Economic value added (EVA)2 236.734 566.783 182.402 706.20-3 849.88
Solvency
Equity ratio29.7 %38.5 %50.1 %67.7 %41.8 %
Gearing219.0 %140.8 %80.1 %30.9 %83.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.61.34.00.8
Current ratio0.60.61.14.00.8
Cash and cash equivalents4 384.864 545.915 328.52382.159 000.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAABBB

Variable visualization

ROA:-4.15%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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