ERRV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERRV ApS
ERRV ApS (CVR number: 36941227K) is a company from ESBJERG. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -841 kDKK, while net earnings were -498.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ERRV ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | - 370.00 | - 351.00 | - 293.00 | - 297.00 | - 841.00 |
Net earnings | - 636 249.00 | - 266 066.00 | - 461 049.00 | - 450 321.00 | - 498 845.00 |
Shareholders equity total | -1 172 664.00 | -1 190 991.00 | -1 509 354.00 | -2 013 886.00 | -2 518 391.00 |
Balance sheet total (assets) | 2 495 804.00 | 2 858 881.00 | 2 961 562.00 | 2 921 975.00 | 2 932 689.00 |
Net debt | 3 666 076.00 | 2 581.00 | 2 886.00 | 3 341.00 | 4 348.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.0 % | -0.0 % | -0.0 % | -0.0 % |
ROE | -25.2 % | -9.9 % | -15.8 % | -15.3 % | -17.0 % |
ROI | -0.0 % | -0.0 % | -10.7 % | -9.5 % | -21.8 % |
Economic value added (EVA) | - 128 516.06 | - 125 644.95 | 59 424.16 | 75 402.61 | 100 188.53 |
Solvency | |||||
Equity ratio | -32.0 % | -29.4 % | -33.8 % | -40.8 % | -46.2 % |
Gearing | -312.6 % | -0.2 % | -0.2 % | -0.2 % | -0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Cash and cash equivalents | 1.00 | 10.00 | 8.00 | 7.00 | 5.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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