EROWA SCANDINAVIA APS — Credit Rating and Financial Key Figures

CVR number: 31074843
Risingsvej 63, 5000 Odense C
tel: 65982600

Credit rating

Company information

Official name
EROWA SCANDINAVIA APS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About EROWA SCANDINAVIA APS

EROWA SCANDINAVIA APS (CVR number: 31074843) is a company from ODENSE. The company recorded a gross profit of 1006.1 kDKK in 2024. The operating profit was 117 kDKK, while net earnings were 212.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EROWA SCANDINAVIA APS's liquidity measured by quick ratio was 7.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 128.98724.39805.31862.811 006.13
EBIT164.2475.73121.89111.32116.97
Net earnings-15.0821.50110.85111.66212.74
Shareholders equity total1 475.991 497.491 608.341 719.991 932.74
Balance sheet total (assets)5 259.383 416.271 801.741 959.432 227.43
Net debt1 284.47- 470.88-1 432.23-1 621.43-1 797.19
Profitability
EBIT-%
ROA4.1 %1.7 %4.7 %5.9 %5.8 %
ROE-1.0 %1.4 %7.1 %6.7 %11.6 %
ROI4.5 %1.9 %5.2 %6.7 %6.6 %
Economic value added (EVA)145.81105.48148.51102.4778.09
Solvency
Equity ratio28.1 %43.8 %89.3 %87.8 %86.8 %
Gearing227.1 %103.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.79.38.27.6
Current ratio1.41.79.38.27.6
Cash and cash equivalents2 068.032 027.181 432.231 621.431 797.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.76%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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