ERIKA Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38002686
Starupvej 33, 6823 Ansager

Credit rating

Company information

Official name
ERIKA Invest ApS
Established
2016
Company form
Private limited company
Industry

About ERIKA Invest ApS

ERIKA Invest ApS (CVR number: 38002686) is a company from VARDE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of -115.2 % compared to the previous year. The operating profit percentage was poor at -949.5 % (EBIT: -1.3 mDKK), while net earnings were -1083.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.9 %, which can be considered poor and Return on Equity (ROE) was -32 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. ERIKA Invest ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales- 874.08132.81
Gross profit-14.00-6.68-9.22- 890.0076.42
EBIT-14.00-6.68-9.22- 890.00-1 261.08
Net earnings2 556.36- 128.49-17.33-1 015.51-1 083.28
Shareholders equity total5 313.535 185.045 167.713 952.202 810.02
Balance sheet total (assets)5 391.355 245.475 283.584 021.573 760.19
Net debt-3 431.47-3 098.68-2 716.21-1 717.22- 471.16
Profitability
EBIT-%-949.5 %
ROA47.9 %2.4 %4.6 %-16.1 %-26.9 %
ROE63.3 %-2.4 %-0.3 %-22.3 %-32.0 %
ROI47.9 %2.4 %4.7 %-16.4 %-27.4 %
Economic value added (EVA)162.77-97.35- 111.38- 992.26-1 294.39
Solvency
Equity ratio98.6 %98.8 %97.8 %98.3 %74.7 %
Gearing1.5 %31.0 %
Relative net indebtedness %188.5 %-296.0 %
Liquidity
Quick ratio69.386.845.635.32.7
Current ratio69.386.845.635.32.7
Cash and cash equivalents3 509.293 098.682 716.211 717.221 343.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-117.0 %188.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-26.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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