ERO HOLDING AF 2008 ApS — Credit Rating and Financial Key Figures

CVR number: 31782465
Bøtø Møllevej 12, 4873 Væggerløse

Company information

Official name
ERO HOLDING AF 2008 ApS
Established
2008
Company form
Private limited company
Industry

About ERO HOLDING AF 2008 ApS

ERO HOLDING AF 2008 ApS (CVR number: 31782465) is a company from GULDBORGSUND. The company recorded a gross profit of -9.4 kDKK in 2023. The operating profit was -9.4 kDKK, while net earnings were -341.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERO HOLDING AF 2008 ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-16.22-9.38
EBIT-16.22-9.38
Net earnings145.96659.69- 198.73909.83- 341.87
Shareholders equity total19 229.3219 889.0019 690.2720 600.1020 258.23
Balance sheet total (assets)19 670.0120 271.1320 162.7021 682.3421 115.96
Net debt-4.3258.67364.42708.45570.46
Profitability
EBIT-%
ROA0.9 %3.6 %-0.9 %4.4 %-1.6 %
ROE0.8 %3.4 %-1.0 %4.5 %-1.7 %
ROI0.9 %3.7 %-0.9 %4.5 %-1.6 %
Economic value added (EVA)-4.00-2.851.31-12.57411.61
Solvency
Equity ratio97.8 %98.1 %97.7 %95.0 %95.9 %
Gearing0.4 %1.9 %3.5 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.21.01.00.9
Current ratio1.12.21.01.00.9
Cash and cash equivalents4.3224.5018.754.4626.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:-1.56%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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