ERRITSØ BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 69167217
Erritsø Bygade 109, Erritsø 7000 Fredericia

Company information

Official name
ERRITSØ BRUGSFORENING
Personnel
61 persons
Established
1894
Domicile
Erritsø
Industry

About ERRITSØ BRUGSFORENING

ERRITSØ BRUGSFORENING (CVR number: 69167217) is a company from FREDERICIA. The company recorded a gross profit of 14.7 mDKK in 2024. The operating profit was 834.1 kDKK, while net earnings were 1344.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERRITSØ BRUGSFORENING'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 735.0013 533.0011 337.2014 423.5114 665.73
EBIT788.00277.00- 781.091 528.20834.12
Net earnings1 300.00989.001 807.591 917.761 344.29
Shareholders equity total11 866.0012 595.0014 461.3016 408.1317 771.83
Balance sheet total (assets)41 908.0039 833.0044 406.8142 889.5144 603.02
Net debt20 164.5318 915.0416 841.48
Profitability
EBIT-%
ROA2.2 %0.7 %6.1 %7.2 %5.8 %
ROE11.6 %8.1 %13.4 %12.4 %7.9 %
ROI2.2 %0.7 %6.8 %8.8 %7.0 %
Economic value added (EVA)258.57- 319.27-1 354.43- 577.70-1 243.78
Solvency
Equity ratio100.0 %100.0 %32.6 %38.3 %39.8 %
Gearing140.8 %117.1 %97.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.6
Current ratio0.80.91.2
Cash and cash equivalents198.57304.32530.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.82%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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