SR ERIK H. MUNK A/S — Credit Rating and Financial Key Figures

CVR number: 10041929
Solbakken 33, 8450 Hammel
tel: 86963092

Company information

Official name
SR ERIK H. MUNK A/S
Personnel
2 persons
Established
2000
Company form
Limited company
Industry

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 402.2 kDKK in 2024. The operating profit was -307.9 kDKK, while net earnings were 1759.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.9 %, 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 12.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit443.50339.31732.85769.77402.20
EBIT- 152.55- 415.44122.0390.65- 307.90
Net earnings28 531.5614 532.23-8 352.60- 287.881 759.44
Shareholders equity total145 397.99157 930.23146 577.63144 289.74145 049.18
Balance sheet total (assets)150 131.28160 782.50149 634.33148 630.36149 661.00
Net debt- 938.61-10 579.57-16 280.14-23 240.19-27 917.51
Profitability
EBIT-%
ROA20.9 %9.7 %-4.4 %0.4 %1.9 %
ROE21.8 %9.6 %-5.5 %-0.2 %1.2 %
ROI21.3 %9.8 %-4.5 %0.4 %1.9 %
Economic value added (EVA)-6 452.06-7 988.37-7 918.56-7 350.95-7 536.43
Solvency
Equity ratio96.8 %98.2 %98.0 %97.1 %96.9 %
Gearing1.9 %0.9 %0.8 %1.0 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio12.521.017.112.312.6
Current ratio12.521.017.112.312.6
Cash and cash equivalents3 741.0411 956.9417 394.9924 712.6829 771.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:1.90%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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