ERRINDLEV KØBMANDSHANDEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERRINDLEV KØBMANDSHANDEL ApS
ERRINDLEV KØBMANDSHANDEL ApS (CVR number: 32667945) is a company from LOLLAND. The company reported a net sales of 5.5 mDKK in 2023, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0 mDKK), while net earnings were 12.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. ERRINDLEV KØBMANDSHANDEL ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 576.40 | 6 067.72 | 5 408.70 | 5 363.89 | 5 520.68 |
Gross profit | 818.47 | 857.32 | 617.60 | 351.30 | 639.78 |
EBIT | 103.28 | 58.75 | - 143.23 | - 343.69 | 29.31 |
Net earnings | 61.95 | 17.96 | - 170.86 | - 369.98 | 12.64 |
Shareholders equity total | 836.69 | 854.66 | 683.80 | 313.82 | 326.46 |
Balance sheet total (assets) | 1 345.95 | 1 406.12 | 1 073.53 | 875.29 | 835.90 |
Net debt | - 773.92 | - 749.72 | - 451.05 | - 285.05 | - 238.46 |
Profitability | |||||
EBIT-% | 1.9 % | 1.0 % | -2.6 % | -6.4 % | 0.5 % |
ROA | 7.9 % | 4.3 % | -11.6 % | -35.3 % | 3.4 % |
ROE | 7.7 % | 2.1 % | -22.2 % | -74.2 % | 3.9 % |
ROI | 12.8 % | 6.9 % | -18.6 % | -68.9 % | 9.2 % |
Economic value added (EVA) | 73.16 | 40.02 | - 148.51 | - 355.38 | 21.42 |
Solvency | |||||
Equity ratio | 62.2 % | 60.8 % | 63.7 % | 35.9 % | 39.1 % |
Gearing | |||||
Relative net indebtedness % | -4.7 % | -3.3 % | -1.1 % | 5.2 % | 4.9 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 1.4 | 0.8 | 0.6 |
Current ratio | 2.5 | 2.4 | 2.4 | 1.4 | 1.5 |
Cash and cash equivalents | 773.92 | 749.72 | 451.05 | 285.05 | 238.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.9 | 3.0 | 4.7 | 5.3 | 5.2 |
Net working capital % | 13.9 % | 12.3 % | 10.2 % | 4.0 % | 4.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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