ERIK JØRGENSENS EFTF. A/S — Credit Rating and Financial Key Figures

CVR number: 26665922
Lyøvej 11-13, 5800 Nyborg
tel: 65303552

Credit rating

Company information

Official name
ERIK JØRGENSENS EFTF. A/S
Personnel
48 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About ERIK JØRGENSENS EFTF. A/S

ERIK JØRGENSENS EFTF. A/S (CVR number: 26665922) is a company from NYBORG. The company recorded a gross profit of 44.2 mDKK in 2024. The operating profit was 8837.5 kDKK, while net earnings were 5851.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 42.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ERIK JØRGENSENS EFTF. A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit25 187.8029 653.3738 764.4946 105.2244 167.28
EBIT3 171.584 094.476 449.439 292.508 837.50
Net earnings2 163.122 500.454 288.876 487.305 851.06
Shareholders equity total5 088.985 989.439 278.3014 265.6013 116.65
Balance sheet total (assets)38 440.0142 953.2556 425.5766 646.5268 246.18
Net debt3 458.092 773.555 506.68-3 543.337 539.40
Profitability
EBIT-%
ROA10.0 %10.4 %13.1 %15.3 %13.3 %
ROE48.0 %45.1 %56.2 %55.1 %42.7 %
ROI12.7 %13.6 %16.6 %20.2 %17.1 %
Economic value added (EVA)2 266.343 081.344 748.386 830.936 651.19
Solvency
Equity ratio13.2 %13.9 %16.4 %21.4 %19.2 %
Gearing93.0 %57.0 %73.8 %43.5 %70.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.71.00.8
Current ratio0.70.80.71.00.8
Cash and cash equivalents1 273.85639.741 338.529 755.311 689.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.2%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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