ERWING ApS — Credit Rating and Financial Key Figures

CVR number: 27687385
Sydstrandsvej 13 B, 2791 Dragør
Free credit report Annual report

Company information

Official name
ERWING ApS
Established
2004
Company form
Private limited company
Industry

About ERWING ApS

ERWING ApS (CVR number: 27687385) is a company from DRAGØR. The company recorded a gross profit of -55.9 kDKK in 2024. The operating profit was -55.9 kDKK, while net earnings were 629.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERWING ApS's liquidity measured by quick ratio was 165.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-40.71-50.62-55.27-58.43-55.92
EBIT-40.71-50.62-55.27-58.43-55.92
Net earnings1 454.33487.37878.96990.53629.13
Shareholders equity total6 166.206 353.576 932.547 723.078 152.20
Balance sheet total (assets)6 350.396 386.446 957.247 804.888 194.64
Net debt-5 350.61-5 255.12-6 066.36-7 056.76-6 865.20
Profitability
EBIT-%
ROA28.6 %14.2 %14.2 %15.2 %14.0 %
ROE26.1 %7.8 %13.2 %13.5 %7.9 %
ROI29.4 %14.4 %14.3 %15.2 %14.1 %
Economic value added (EVA)- 281.07- 349.43- 362.23- 393.63- 433.78
Solvency
Equity ratio97.1 %99.5 %99.6 %99.0 %99.5 %
Gearing0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio29.1163.7248.686.5165.5
Current ratio29.1163.7248.686.5165.5
Cash and cash equivalents5 350.615 255.126 066.367 074.956 882.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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