ERIK FARMERS HYBEN VITAL ApS — Credit Rating and Financial Key Figures

CVR number: 18796473
Klavsebøllevej 2, Tullebølle 5953 Tranekær
tel: 62501622

Credit rating

Company information

Official name
ERIK FARMERS HYBEN VITAL ApS
Personnel
9 persons
Established
1995
Domicile
Tullebølle
Company form
Private limited company
Industry
  • Expand more icon463800

About ERIK FARMERS HYBEN VITAL ApS

ERIK FARMERS HYBEN VITAL ApS (CVR number: 18796473) is a company from LANGELAND. The company recorded a gross profit of 8579.6 kDKK in 2023. The operating profit was 4078.2 kDKK, while net earnings were 3202.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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 FARMERS HYBEN VITAL ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 806.067 420.879 825.857 491.048 579.60
EBIT1 666.983 403.285 473.042 695.124 078.24
Net earnings1 284.282 630.694 232.312 059.093 202.65
Shareholders equity total12 391.8715 022.5719 254.8721 313.9624 516.61
Balance sheet total (assets)22 325.4926 209.5230 198.0131 702.8935 208.80
Net debt7 162.267 332.906 445.786 120.795 248.03
Profitability
EBIT-%
ROA9.3 %15.3 %20.7 %9.9 %13.8 %
ROE10.9 %19.2 %24.7 %10.2 %14.0 %
ROI9.9 %17.0 %23.4 %11.1 %15.5 %
Economic value added (EVA)871.642 172.373 558.911 158.632 175.47
Solvency
Equity ratio55.5 %57.3 %63.8 %67.2 %69.6 %
Gearing66.8 %54.2 %38.4 %33.3 %27.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.51.11.2
Current ratio1.81.92.22.62.8
Cash and cash equivalents1 112.61807.74945.77981.191 487.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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