ERIK FÆRGEMANN A/S — Credit Rating and Financial Key Figures

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 ERIK FÆRGEMANN A/S

ERIK FÆRGEMANN A/S (CVR number: 26892708) is a company from HALSNÆS. The company recorded a gross profit of 314.4 kDKK in 2024. The operating profit was 314.4 kDKK, while net earnings were 222.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 127.522 599.47-88.331 962.57314.37
EBIT2 127.522 599.47-88.331 962.57314.37
Net earnings1 666.842 016.64-98.941 480.03222.62
Shareholders equity total5 424.105 940.744 541.806 021.835 744.45
Balance sheet total (assets)6 772.797 800.739 643.899 596.499 226.09
Net debt264.21729.414 411.902 616.812 870.34
Profitability
EBIT-%
ROA33.7 %36.2 %-0.7 %20.7 %3.6 %
ROE32.7 %35.5 %-1.9 %28.0 %3.8 %
ROI39.8 %42.4 %-0.8 %22.5 %3.9 %
Economic value added (EVA)1 431.931 756.51- 365.931 303.20-52.00
Solvency
Equity ratio80.1 %76.2 %47.1 %62.8 %62.3 %
Gearing5.4 %12.9 %97.6 %45.4 %50.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.90.60.90.9
Current ratio7.76.01.93.02.7
Cash and cash equivalents31.0036.6519.49117.519.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.64%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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