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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit367.33443.50339.31732.85769.77
EBIT- 141.62- 152.55- 415.44122.0390.65
Net earnings13 982.8428 531.5614 532.23-8 352.60- 287.88
Shareholders equity total116 866.43145 397.99157 930.23146 577.63144 289.74
Balance sheet total (assets)129 682.60150 131.28160 782.50149 634.33148 630.36
Net debt5 146.31- 938.61-10 579.57-16 280.14-23 240.19
Profitability
EBIT-%
ROA11.6 %20.9 %9.7 %-4.4 %0.4 %
ROE12.7 %21.8 %9.6 %-5.5 %-0.2 %
ROI12.3 %21.3 %9.8 %-4.5 %0.4 %
Economic value added (EVA)-1 746.89-1 558.61- 755.88391.26806.12
Solvency
Equity ratio90.1 %96.8 %98.2 %98.0 %97.1 %
Gearing7.3 %1.9 %0.9 %0.8 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.112.521.017.112.3
Current ratio5.112.521.017.112.3
Cash and cash equivalents3 350.533 741.0411 956.9417 394.9924 712.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:0.39%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
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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