ERRIA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 67 197.00 | 99 815.00 | |
Gross profit | 26 083.00 | 40 630.00 | |
EBIT | 742.00 | 2 546.00 | |
Net earnings | - 229.00 | 2 502.00 | |
Shareholders equity total | -4 228.00 | - 564.00 | |
Balance sheet total (assets) | 39 124.00 | 35 451.00 | |
Net debt | 12 748.00 | 6 635.00 | |
Profitability | |||
EBIT-% | 1.1 % | 2.6 % | |
ROA | 1.9 % | 10.0 % | |
ROE | -0.6 % | 6.7 % | |
ROI | 4.5 % | 26.2 % | |
Economic value added (EVA) | 559.28 | 742.00 | 3 553.31 |
Solvency | |||
Equity ratio | -9.8 % | -1.6 % | |
Gearing | -431.8 % | -2128.0 % | |
Relative net indebtedness % | 56.3 % | 30.7 % | |
Liquidity | |||
Quick ratio | 0.6 | 0.6 | |
Current ratio | 0.6 | 0.6 | |
Cash and cash equivalents | 5 510.00 | 5 367.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 91.3 | 48.6 | |
Net working capital % | -21.7 % | -15.9 % | |
Credit risk | |||
Credit rating | B | BB | BBB |
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