SR ERIK H. MUNK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SR ERIK H. MUNK A/S
SR ERIK H. MUNK A/S (CVR number: 10041929) is a company from FAVRSKOV. The company recorded a gross profit of 769.8 kDKK in 2023. The operating profit was 90.7 kDKK, while net earnings were -287.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SR ERIK H. MUNK A/S's liquidity measured by quick ratio was 12.3 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 | 367.33 | 443.50 | 339.31 | 732.85 | 769.77 |
EBIT | - 141.62 | - 152.55 | - 415.44 | 122.03 | 90.65 |
Net earnings | 13 982.84 | 28 531.56 | 14 532.23 | -8 352.60 | - 287.88 |
Shareholders equity total | 116 866.43 | 145 397.99 | 157 930.23 | 146 577.63 | 144 289.74 |
Balance sheet total (assets) | 129 682.60 | 150 131.28 | 160 782.50 | 149 634.33 | 148 630.36 |
Net debt | 5 146.31 | - 938.61 | -10 579.57 | -16 280.14 | -23 240.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.6 % | 20.9 % | 9.7 % | -4.4 % | 0.4 % |
ROE | 12.7 % | 21.8 % | 9.6 % | -5.5 % | -0.2 % |
ROI | 12.3 % | 21.3 % | 9.8 % | -4.5 % | 0.4 % |
Economic value added (EVA) | -1 746.89 | -1 558.61 | - 755.88 | 391.26 | 806.12 |
Solvency | |||||
Equity ratio | 90.1 % | 96.8 % | 98.2 % | 98.0 % | 97.1 % |
Gearing | 7.3 % | 1.9 % | 0.9 % | 0.8 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.1 | 12.5 | 21.0 | 17.1 | 12.3 |
Current ratio | 5.1 | 12.5 | 21.0 | 17.1 | 12.3 |
Cash and cash equivalents | 3 350.53 | 3 741.04 | 11 956.94 | 17 394.99 | 24 712.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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