K/S ERIK STOKS ALLE — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S ERIK STOKS ALLE
K/S ERIK STOKS ALLE (CVR number: 27742319) is a company from KERTEMINDE. The company reported a net sales of 2.9 mDKK in 2023, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 78.4 % (EBIT: 2.3 mDKK), while net earnings were 2745.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S ERIK STOKS ALLE's liquidity measured by quick ratio was 30.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 239.86 | 3 261.97 | 3 275.55 | 2 968.22 | 2 944.63 |
Gross profit | 3 151.73 | 3 122.92 | 3 149.31 | 4 442.90 | 2 892.23 |
EBIT | 2 481.73 | 2 452.92 | 2 479.31 | 3 857.79 | 2 307.13 |
Net earnings | 2 467.08 | 2 448.97 | 2 471.44 | 3 861.58 | 2 745.07 |
Shareholders equity total | 28 269.70 | 29 412.37 | 27 396.99 | 31 258.58 | 34 006.35 |
Balance sheet total (assets) | 29 229.06 | 29 952.17 | 27 954.14 | 31 632.73 | 34 389.36 |
Net debt | 406.21 | -1 393.11 | -65.07 | -8 258.15 | -11 519.06 |
Profitability | |||||
EBIT-% | 76.6 % | 75.2 % | 75.7 % | 130.0 % | 78.4 % |
ROA | 8.3 % | 8.3 % | 8.6 % | 13.0 % | 8.3 % |
ROE | 8.5 % | 8.5 % | 8.7 % | 13.2 % | 8.4 % |
ROI | 8.4 % | 8.4 % | 8.7 % | 13.2 % | 8.4 % |
Economic value added (EVA) | 1 006.94 | 1 032.37 | 1 071.34 | 2 484.36 | 1 151.36 |
Solvency | |||||
Equity ratio | 96.7 % | 98.2 % | 98.0 % | 98.8 % | 98.9 % |
Gearing | 1.4 % | ||||
Relative net indebtedness % | 29.6 % | -26.2 % | 15.0 % | -265.6 % | -378.2 % |
Liquidity | |||||
Quick ratio | 2.6 | 0.1 | 22.1 | 30.3 | |
Current ratio | 2.6 | 0.1 | 22.1 | 30.3 | |
Cash and cash equivalents | 1 393.11 | 65.07 | 8 258.15 | 11 519.06 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -29.6 % | 26.2 % | -15.0 % | 265.6 % | 99.5 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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