ERIKA Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 874.08 | 132.81 | |||
Gross profit | -14.00 | -6.68 | -9.22 | - 890.00 | 76.42 |
EBIT | -14.00 | -6.68 | -9.22 | - 890.00 | -1 261.08 |
Net earnings | 2 556.36 | - 128.49 | -17.33 | -1 015.51 | -1 083.28 |
Shareholders equity total | 5 313.53 | 5 185.04 | 5 167.71 | 3 952.20 | 2 810.02 |
Balance sheet total (assets) | 5 391.35 | 5 245.47 | 5 283.58 | 4 021.57 | 3 760.19 |
Net debt | -3 431.47 | -3 098.68 | -2 716.21 | -1 717.22 | - 471.16 |
Profitability | |||||
EBIT-% | -949.5 % | ||||
ROA | 47.9 % | 2.4 % | 4.6 % | -16.1 % | -26.9 % |
ROE | 63.3 % | -2.4 % | -0.3 % | -22.3 % | -32.0 % |
ROI | 47.9 % | 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 ratio | 98.6 % | 98.8 % | 97.8 % | 98.3 % | 74.7 % |
Gearing | 1.5 % | 31.0 % | |||
Relative net indebtedness % | 188.5 % | -296.0 % | |||
Liquidity | |||||
Quick ratio | 69.3 | 86.8 | 45.6 | 35.3 | 2.7 |
Current ratio | 69.3 | 86.8 | 45.6 | 35.3 | 2.7 |
Cash and cash equivalents | 3 509.29 | 3 098.68 | 2 716.21 | 1 717.22 | 1 343.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -117.0 % | 188.6 % | |||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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