Electronic Reuse & Recycling A/S — Credit Rating and Financial Key Figures

CVR number: 43737325
Fynsvej 68, Skrillinge 5500 Middelfart

Company information

Official name
Electronic Reuse & Recycling A/S
Personnel
14 persons
Established
2022
Domicile
Skrillinge
Company form
Limited company
Industry

About Electronic Reuse & Recycling A/S

Electronic Reuse & Recycling A/S (CVR number: 43737325) is a company from MIDDELFART. The company recorded a gross profit of 690.4 kDKK in 2023. The operating profit was -1141.9 kDKK, while net earnings were -1142 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74 %, which can be considered poor and Return on Equity (ROE) was -133.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Electronic Reuse & Recycling A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit690.36
EBIT-1 141.93
Net earnings-1 142.01
Shareholders equity total857.99
Balance sheet total (assets)1 543.31
Net debt- 824.31
Profitability
EBIT-%
ROA-74.0 %
ROE-133.1 %
ROI-132.9 %
Economic value added (EVA)-1 141.93
Solvency
Equity ratio55.6 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.3
Current ratio2.3
Cash and cash equivalents825.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-74.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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