ERIK FÆRGEMANN A/S

CVR number: 26892708
Undalsvej 6, 3300 Frederiksværk
tel: 62611615

Credit rating

Company information

Official name
ERIK FÆRGEMANN A/S
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

ERIK FÆRGEMANN A/S (CVR number: 26892708) is a company from HALSNÆS. The company recorded a gross profit of 1962.6 kDKK in 2023. The operating profit was 1962.6 kDKK, while net earnings were 1480 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. ERIK FÆRGEMANN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 974.332 127.522 599.47-88.331 962.57
EBIT1 974.332 127.522 599.47-88.331 962.57
Net earnings1 544.541 666.842 016.64-98.941 480.03
Shareholders equity total4 757.265 424.105 940.744 541.806 021.83
Balance sheet total (assets)6 063.606 772.797 800.739 643.899 596.49
Net debt155.47264.21729.414 411.902 616.81
Profitability
EBIT-%
ROA36.3 %33.7 %36.2 %-0.7 %20.7 %
ROE36.5 %32.7 %35.5 %-1.9 %28.0 %
ROI42.5 %39.8 %42.4 %-0.8 %22.5 %
Economic value added (EVA)1 367.471 431.931 756.51- 365.931 303.20
Solvency
Equity ratio78.5 %80.1 %76.2 %47.1 %62.8 %
Gearing8.3 %5.4 %12.9 %97.6 %45.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.41.90.60.9
Current ratio7.07.76.01.93.0
Cash and cash equivalents239.1231.0036.6519.49117.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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