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ERIK BAGGER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK BAGGER HOLDING A/S
ERIK BAGGER HOLDING A/S (CVR number: 21562696) is a company from HILLERØD. The company recorded a gross profit of -80.7 kDKK in 2025. The operating profit was -80.7 kDKK, while net earnings were 100.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, 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 84.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK BAGGER HOLDING A/S's liquidity measured by quick ratio was 5.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -81.29 | -74.51 | -46.52 | -99.22 | -80.69 |
| EBIT | -81.29 | -74.51 | -46.52 | -99.22 | -80.69 |
| Net earnings | 1 201.88 | - 721.55 | 3 205.68 | 1 910.45 | 100.61 |
| Shareholders equity total | 10 912.99 | 10 191.43 | 13 397.12 | 15 307.57 | 15 408.18 |
| Balance sheet total (assets) | 12 546.29 | 11 875.15 | 15 715.52 | 18 104.04 | 18 194.97 |
| Net debt | -8 842.16 | -8 277.05 | -11 376.85 | -13 240.74 | -13 646.41 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.6 % | -2.6 % | 27.9 % | 14.3 % | 1.4 % |
| ROE | 11.7 % | -6.8 % | 27.2 % | 13.3 % | 0.7 % |
| ROI | 11.8 % | -2.7 % | 28.8 % | 15.1 % | 1.5 % |
| Economic value added (EVA) | - 624.01 | - 687.79 | - 627.33 | - 829.39 | - 915.37 |
| Solvency | |||||
| Equity ratio | 87.0 % | 85.8 % | 85.2 % | 84.6 % | 84.7 % |
| Gearing | 12.0 % | 15.1 % | 11.9 % | 10.8 % | 10.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.3 | 5.9 | 5.6 | 5.3 | 5.5 |
| Current ratio | 6.3 | 5.9 | 5.6 | 5.3 | 5.5 |
| Cash and cash equivalents | 10 146.35 | 9 817.11 | 12 970.43 | 14 896.96 | 15 207.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | AA | A | A |
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