ERW ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERW ApS
ERW ApS (CVR number: 36557346) is a company from KØBENHAVN. The company reported a net sales of -0.2 mDKK in 2020, demonstrating a decline of -14304.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -3.3 mDKK), while net earnings were -3331.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.5 %, which can be considered poor and Return on Equity (ROE) was -89.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. ERW 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 141.69 | 49.32 | - 124.91 | 1.56 | - 221.73 |
Gross profit | 141.69 | 49.32 | - 124.91 | 1.56 | - 221.73 |
EBIT | 112.05 | 28.47 | - 194.67 | -2 601.03 | -3 316.08 |
Net earnings | 82.45 | 21.17 | - 193.08 | -2 634.23 | -3 331.67 |
Shareholders equity total | 141.38 | 162.54 | -30.54 | -1 909.91 | -5 241.58 |
Balance sheet total (assets) | 409.67 | 355.14 | 1 082.55 | 4 413.56 | 2 999.20 |
Net debt | - 119.22 | - 125.14 | 678.99 | 4 522.85 | 7 575.17 |
Profitability | |||||
EBIT-% | 79.1 % | 57.7 % | -166625.9 % | ||
ROA | 27.4 % | 7.4 % | -26.5 % | -69.9 % | -45.5 % |
ROE | 58.3 % | 13.9 % | -31.0 % | -95.9 % | -89.9 % |
ROI | 79.3 % | 18.7 % | -35.2 % | -73.6 % | -47.1 % |
Economic value added (EVA) | 84.37 | 20.28 | - 194.96 | -2 586.20 | -3 108.66 |
Solvency | |||||
Equity ratio | 34.5 % | 45.8 % | 34.1 % | 83.2 % | 72.2 % |
Gearing | -3089.8 % | -320.6 % | -151.5 % | ||
Relative net indebtedness % | 105.2 % | 136.8 % | -679.4 % | 302552.4 % | -3552.4 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 0.5 | 2.6 | 1.2 |
Current ratio | 1.5 | 1.8 | 1.5 | 5.9 | 3.6 |
Cash and cash equivalents | 119.22 | 125.14 | 264.49 | 1 600.63 | 363.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 99.8 % | 329.6 % | -295.8 % | 233381.8 % | -964.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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