ERHARDT NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERHARDT NIELSEN HOLDING ApS
ERHARDT NIELSEN HOLDING ApS (CVR number: 26044243) is a company from HORSENS. The company recorded a gross profit of -54.3 kDKK in 2023. The operating profit was -177.1 kDKK, while net earnings were 811.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent but Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERHARDT NIELSEN HOLDING ApS's liquidity measured by quick ratio was 7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -77.62 | -56.59 | -43.19 | -50.43 | -54.32 |
EBIT | -77.62 | -56.59 | - 164.78 | - 177.13 | - 177.06 |
Net earnings | 78.06 | 578.04 | 1 450.74 | -1 161.35 | 811.87 |
Shareholders equity total | 12 128.96 | 12 596.39 | 13 934.14 | 12 658.38 | 13 352.45 |
Balance sheet total (assets) | 15 457.72 | 13 073.26 | 15 026.64 | 13 443.48 | 15 485.47 |
Net debt | -10 805.83 | -11 822.00 | -13 538.26 | -10 559.60 | -11 227.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 5.2 % | 13.3 % | 1.6 % | 18.3 % |
ROE | 0.6 % | 4.7 % | 10.9 % | -8.7 % | 6.2 % |
ROI | 4.2 % | 5.2 % | 13.6 % | 1.7 % | 18.6 % |
Economic value added (EVA) | -77.40 | 80.36 | - 123.85 | - 108.99 | - 192.12 |
Solvency | |||||
Equity ratio | 78.5 % | 96.4 % | 92.7 % | 94.2 % | 86.2 % |
Gearing | 27.2 % | 3.0 % | 2.7 % | 3.7 % | 14.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 30.9 | 26.7 | 16.7 | 7.0 |
Current ratio | 4.5 | 30.9 | 26.7 | 16.7 | 7.0 |
Cash and cash equivalents | 14 100.83 | 12 197.00 | 13 913.26 | 11 026.71 | 13 130.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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