ERRIA A/S — Credit Rating and Financial Key Figures

CVR number: 15300574
Torvet 21, 4600 Køge
tel: 33364400
www.Erria.dk

Credit rating

Company information

Official name
ERRIA A/S
Personnel
36 persons
Established
1991
Company form
Limited company
Industry

About ERRIA A/S

ERRIA A/S (CVR number: 15300574) is a company from KØGE. The company reported a net sales of 99.8 mDKK in 2023, demonstrating a growth of 48.5 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 2.5 mDKK), while net earnings were 2502 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -1.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ERRIA A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2022
2023
Volume
Net sales67 197.0099 815.00
Gross profit26 083.0040 630.00
EBIT742.002 546.00
Net earnings- 229.002 502.00
Shareholders equity total-4 228.00- 564.00
Balance sheet total (assets)39 124.0035 451.00
Net debt12 748.006 635.00
Profitability
EBIT-%1.1 %2.6 %
ROA1.9 %10.0 %
ROE-0.6 %6.7 %
ROI4.5 %26.2 %
Economic value added (EVA)559.28742.003 553.31
Solvency
Equity ratio-9.8 %-1.6 %
Gearing-431.8 %-2128.0 %
Relative net indebtedness %56.3 %30.7 %
Liquidity
Quick ratio0.60.6
Current ratio0.60.6
Cash and cash equivalents5 510.005 367.00
Capital use efficiency
Trade debtors turnover (days)91.348.6
Net working capital %-21.7 %-15.9 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:9.99%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.57%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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