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 -0.4 mDKK in 2024, demonstrating a decline of -428.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.5 mDKK), while net earnings were -245.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66 %, 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 2.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 874.08 | 132.81 | - 435.95 | ||
Gross profit | -6.68 | -9.22 | - 890.00 | 76.42 | - 453.74 |
EBIT | -6.68 | -9.22 | - 890.00 | -1 261.08 | - 453.74 |
Net earnings | - 128.49 | -17.33 | -1 015.51 | -1 083.28 | - 245.56 |
Shareholders equity total | 5 185.04 | 5 167.71 | 3 952.20 | 2 810.02 | 2 503.46 |
Balance sheet total (assets) | 5 245.47 | 5 283.58 | 4 021.57 | 3 760.19 | 3 794.36 |
Net debt | -3 098.68 | -2 716.21 | -1 717.22 | - 471.16 | - 151.53 |
Profitability | |||||
EBIT-% | -949.5 % | ||||
ROA | 2.4 % | 4.6 % | -16.1 % | -26.9 % | -4.8 % |
ROE | -2.4 % | -0.3 % | -22.3 % | -32.0 % | -9.2 % |
ROI | 2.4 % | 4.7 % | -16.4 % | -27.4 % | -4.9 % |
Economic value added (EVA) | - 277.60 | - 267.09 | -1 128.75 | -1 459.68 | - 638.77 |
Solvency | |||||
Equity ratio | 98.8 % | 97.8 % | 98.3 % | 74.7 % | 66.0 % |
Gearing | 31.0 % | 48.5 % | |||
Relative net indebtedness % | 188.5 % | -296.0 % | 16.9 % | ||
Liquidity | |||||
Quick ratio | 86.8 | 45.6 | 35.3 | 2.7 | 2.3 |
Current ratio | 86.8 | 45.6 | 35.3 | 2.7 | 2.3 |
Cash and cash equivalents | 3 098.68 | 2 716.21 | 1 717.22 | 1 343.35 | 1 364.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -117.0 % | 188.6 % | -81.9 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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