Electronic Reuse & Recycling A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 690.36 | 4 547.69 |
EBIT | -1 141.93 | -1 285.91 |
Net earnings | -1 142.01 | -1 286.11 |
Shareholders equity total | 857.99 | - 428.12 |
Balance sheet total (assets) | 1 543.31 | 2 393.78 |
Net debt | - 824.31 | 578.34 |
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 ratio | 55.6 % | 65.7 % |
Gearing | 0.1 % | -467.9 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.3 | 2.9 |
Current ratio | 2.3 | 2.9 |
Cash and cash equivalents | 825.40 | 1 424.72 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | BB |
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