ERIK BRO HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK BRO HOLDING ApS
ERIK BRO HOLDING ApS (CVR number: 27989322) is a company from ESBJERG. The company reported a net sales of -0.4 mDKK in 2023, demonstrating a decline of -268.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.4 mDKK), while net earnings were -351.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -16.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERIK BRO HOLDING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 245.00 | - 412.11 | |||
Gross profit | -7.00 | -8.00 | -9.00 | 238.00 | - 420.66 |
EBIT | -7.00 | -8.00 | -9.00 | 238.00 | - 420.66 |
Net earnings | 588.00 | 513.00 | 13.00 | 303.00 | - 351.93 |
Shareholders equity total | 1 728.00 | 2 241.00 | 2 142.00 | 2 329.00 | 1 860.04 |
Balance sheet total (assets) | 3 306.00 | 3 585.00 | 3 316.00 | 3 360.00 | 2 906.95 |
Net debt | 1 566.00 | 1 333.00 | 1 148.00 | 1 007.00 | 1 000.00 |
Profitability | |||||
EBIT-% | 97.1 % | ||||
ROA | 19.8 % | 15.6 % | 1.0 % | 9.6 % | -10.4 % |
ROE | 41.0 % | 25.9 % | 0.6 % | 13.6 % | -16.8 % |
ROI | 19.9 % | 15.7 % | 1.0 % | 9.7 % | -10.5 % |
Economic value added (EVA) | -8.97 | 19.38 | 42.30 | 232.19 | - 420.96 |
Solvency | |||||
Equity ratio | 52.3 % | 62.5 % | 64.6 % | 69.3 % | 64.0 % |
Gearing | 90.6 % | 59.5 % | 53.6 % | 43.2 % | 53.8 % |
Relative net indebtedness % | 420.8 % | -254.0 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.8 | 0.7 | 1.1 |
Current ratio | 0.7 | 0.6 | 0.8 | 0.7 | 1.1 |
Cash and cash equivalents | 0.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -135.5 % | -28.0 % | |||
Credit risk | |||||
Credit rating | AA | AA | A | A | BB |
Variable visualization
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