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EREM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EREM ApS
EREM ApS (CVR number: 32838979) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 904.1 kDKK in 2024. The operating profit was -61.2 kDKK, while net earnings were -84.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. EREM ApS's liquidity measured by quick ratio was 1.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 917.36 | 1 035.95 | 1 006.41 | 984.51 | 904.07 |
| EBIT | 40.60 | 55.79 | 97.30 | 111.36 | -61.20 |
| Net earnings | 31.28 | 41.38 | 56.86 | 49.00 | -84.06 |
| Shareholders equity total | 315.71 | 423.41 | 480.27 | 529.25 | 445.19 |
| Balance sheet total (assets) | 523.53 | 562.77 | 608.98 | 610.36 | 646.59 |
| Net debt | - 118.41 | -95.63 | - 155.87 | -82.63 | -19.44 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.5 % | 10.3 % | 16.6 % | 18.3 % | -9.7 % |
| ROE | 10.4 % | 11.2 % | 12.6 % | 9.7 % | -17.3 % |
| ROI | 13.5 % | 15.1 % | 21.5 % | 22.1 % | -12.1 % |
| Economic value added (EVA) | 17.37 | 27.16 | 54.64 | 62.76 | -87.80 |
| Solvency | |||||
| Equity ratio | 60.3 % | 75.2 % | 78.9 % | 86.7 % | 68.9 % |
| Gearing | 9.0 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 1.1 | 1.6 | 1.3 | 1.2 |
| Current ratio | 1.1 | 1.7 | 2.1 | 2.6 | 1.8 |
| Cash and cash equivalents | 118.41 | 95.63 | 155.87 | 82.63 | 59.44 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BBB |
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