ERLING DAN NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERLING DAN NIELSEN HOLDING ApS
ERLING DAN NIELSEN HOLDING ApS (CVR number: 29198837) is a company from Høje-Taastrup. The company recorded a gross profit of -4.9 kDKK in 2024. The operating profit was -4.9 kDKK, while net earnings were 209.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERLING DAN NIELSEN HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.81 | -7.11 | -4.93 | ||
EBIT | -7.81 | -3.13 | -3.76 | -7.11 | -4.93 |
Net earnings | 314.56 | 101.11 | 518.99 | 464.20 | 209.33 |
Shareholders equity total | 1 472.03 | 1 516.64 | 1 865.92 | 2 212.32 | 2 299.65 |
Balance sheet total (assets) | 1 529.43 | 1 618.75 | 2 147.50 | 2 529.48 | 3 048.43 |
Net debt | - 107.25 | 35.51 | 59.39 | 52.20 | 315.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 6.7 % | 28.1 % | 20.5 % | 8.5 % |
ROE | 23.9 % | 6.8 % | 30.7 % | 22.8 % | 9.3 % |
ROI | 23.2 % | 6.8 % | 28.8 % | 20.9 % | 8.6 % |
Economic value added (EVA) | -68.00 | -78.43 | -83.24 | - 111.62 | - 130.82 |
Solvency | |||||
Equity ratio | 96.2 % | 93.7 % | 86.9 % | 87.5 % | 75.4 % |
Gearing | 2.7 % | 5.5 % | 11.5 % | 13.4 % | 31.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.8 | 4.5 | 1.7 | 2.4 | 1.4 |
Current ratio | 7.8 | 4.5 | 1.7 | 2.4 | 1.4 |
Cash and cash equivalents | 147.46 | 48.21 | 154.29 | 243.44 | 405.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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