ERNST HENRIKSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERNST HENRIKSEN A/S
ERNST HENRIKSEN A/S (CVR number: 51519817) is a company from KØBENHAVN. The company reported a net sales of 6.3 mDKK in 2023, demonstrating a decline of -2.4 % compared to the previous year. The operating profit percentage was at 12 % (EBIT: 0.8 mDKK), while net earnings were 606.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. ERNST HENRIKSEN A/S's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 744.84 | 4 879.36 | 5 688.42 | 6 440.92 | 6 288.70 |
Gross profit | 2 745.62 | 2 291.60 | 3 157.92 | 3 426.89 | 3 371.03 |
EBIT | 3 975.94 | -1 688.44 | 6 593.86 | 2 283.36 | 757.53 |
Net earnings | 3 086.92 | -1 344.05 | 5 124.07 | 1 773.02 | 606.58 |
Shareholders equity total | 91 669.48 | 90 325.43 | 91 449.50 | 91 222.51 | 89 829.09 |
Balance sheet total (assets) | 115 257.57 | 113 496.71 | 115 292.11 | 115 577.93 | 112 987.45 |
Net debt | -2 970.56 | -5 144.68 | -2 402.59 | -2 111.98 | -2 105.30 |
Profitability | |||||
EBIT-% | 69.2 % | -34.6 % | 115.9 % | 35.5 % | 12.0 % |
ROA | 3.5 % | -1.5 % | 5.8 % | 2.0 % | 0.7 % |
ROE | 3.4 % | -1.5 % | 5.6 % | 1.9 % | 0.7 % |
ROI | 3.6 % | -1.5 % | 5.9 % | 2.0 % | 0.7 % |
Economic value added (EVA) | -1 290.89 | -5 776.17 | 861.43 | -2 693.83 | -3 891.03 |
Solvency | |||||
Equity ratio | 79.5 % | 79.6 % | 79.3 % | 79.4 % | 79.5 % |
Gearing | |||||
Relative net indebtedness % | -35.9 % | -81.9 % | -30.8 % | -4.6 % | -22.1 % |
Liquidity | |||||
Quick ratio | 3.3 | 4.5 | 3.9 | 2.0 | 3.0 |
Current ratio | 3.3 | 4.5 | 3.9 | 1.2 | 3.0 |
Cash and cash equivalents | 2 970.56 | 5 144.68 | 2 402.59 | 2 111.98 | 2 105.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.4 | 0.4 | |||
Net working capital % | 36.1 % | 81.5 % | 32.7 % | 5.8 % | 22.2 % |
Credit risk | |||||
Credit rating | AA | A | AA | AA | AA |
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