ERNST HENRIKSEN A/S — Credit Rating and Financial Key Figures

CVR number: 51519817
Amagertorv 11, 1160 København K
tel: 33122800

Credit rating

Company information

Official name
ERNST HENRIKSEN A/S
Personnel
2 persons
Established
1958
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 744.844 879.365 688.426 440.926 288.70
Gross profit2 745.622 291.603 157.923 426.893 371.03
EBIT3 975.94-1 688.446 593.862 283.36757.53
Net earnings3 086.92-1 344.055 124.071 773.02606.58
Shareholders equity total91 669.4890 325.4391 449.5091 222.5189 829.09
Balance sheet total (assets)115 257.57113 496.71115 292.11115 577.93112 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 %
ROA3.5 %-1.5 %5.8 %2.0 %0.7 %
ROE3.4 %-1.5 %5.6 %1.9 %0.7 %
ROI3.6 %-1.5 %5.9 %2.0 %0.7 %
Economic value added (EVA)-1 290.89-5 776.17861.43-2 693.83-3 891.03
Solvency
Equity ratio79.5 %79.6 %79.3 %79.4 %79.5 %
Gearing
Relative net indebtedness %-35.9 %-81.9 %-30.8 %-4.6 %-22.1 %
Liquidity
Quick ratio3.34.53.92.03.0
Current ratio3.34.53.91.23.0
Cash and cash equivalents2 970.565 144.682 402.592 111.982 105.30
Capital use efficiency
Trade debtors turnover (days)3.40.4
Net working capital %36.1 %81.5 %32.7 %5.8 %22.2 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:0.70%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.5%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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