ERTMANN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERTMANN HOLDING ApS
ERTMANN HOLDING ApS (CVR number: 18151197) is a company from VORDINGBORG. The company recorded a gross profit of -2.6 kDKK in 2024. The operating profit was -2.6 kDKK, while net earnings were -100.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. ERTMANN HOLDING ApS's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.18 | -2.85 | -1.36 | -2.63 | |
EBIT | -0.18 | -2.85 | -1.36 | -2.63 | |
Net earnings | 115.95 | 250.82 | 52.96 | 172.37 | - 100.51 |
Shareholders equity total | 1 158.33 | 1 409.15 | 1 460.48 | 1 632.85 | 1 532.34 |
Balance sheet total (assets) | 1 228.43 | 1 544.73 | 2 436.82 | 4 096.70 | 4 244.76 |
Net debt | 69.94 | 135.42 | 944.81 | 2 460.93 | 2 324.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.1 % | 18.1 % | 4.1 % | 5.3 % | -3.0 % |
ROE | 10.5 % | 19.5 % | 3.7 % | 11.1 % | -6.4 % |
ROI | 10.1 % | 18.1 % | 4.1 % | 5.3 % | -3.0 % |
Economic value added (EVA) | -54.57 | -61.73 | -79.85 | - 122.38 | - 207.61 |
Solvency | |||||
Equity ratio | 94.3 % | 91.2 % | 59.9 % | 39.9 % | 36.1 % |
Gearing | 6.1 % | 9.6 % | 64.9 % | 150.9 % | 176.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 0.5 | 0.6 | ||
Current ratio | 3.2 | 0.5 | 0.6 | ||
Cash and cash equivalents | 0.16 | 0.16 | 3.09 | 2.93 | 384.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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