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

CVR number: 43737325
Tværvejen 15, Asperup Mark 5580 Nørre Aaby
info@err-as.dk
tel: 24621801
www.err-as.dk
Free credit report Annual report

Company information

Official name
Electronic Reuse & Recycling A/S
Personnel
7 persons
Established
2022
Domicile
Asperup Mark
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 4547.7 kDKK in 2024. The operating profit was -1285.9 kDKK, while net earnings were -1286.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -58.9 %, which can be considered poor and Return on Equity (ROE) was -79.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. Electronic Reuse & Recycling A/S's liquidity measured by quick ratio was 2.9 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
2024
Volume
Net sales
Gross profit690.364 547.69
EBIT-1 141.93-1 285.91
Net earnings-1 142.01-1 286.11
Shareholders equity total857.99- 428.12
Balance sheet total (assets)1 543.312 393.78
Net debt- 824.31578.34
Profitability
EBIT-%
ROA-74.0 %-58.9 %
ROE-133.1 %-79.1 %
ROI-132.9 %-89.9 %
Economic value added (EVA)-1 141.93-1 329.08
Solvency
Equity ratio55.6 %65.7 %
Gearing0.1 %-467.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.9
Current ratio2.32.9
Cash and cash equivalents825.401 424.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-58.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-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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