ERIK KROGH LAURITZEN ApS
Credit rating
Company information
About ERIK KROGH LAURITZEN ApS
ERIK KROGH LAURITZEN ApS (CVR number: 10463084) is a company from KØBENHAVN. The company recorded a gross profit of -78.6 kDKK in 2023. The operating profit was -82.4 kDKK, while net earnings were 103 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERIK KROGH LAURITZEN ApS's liquidity measured by quick ratio was 1.7 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 | 201.92 | 101.71 | 24.64 | -28.80 | -78.59 |
EBIT | 200.96 | 97.87 | 20.80 | -32.64 | -82.43 |
Net earnings | 167.17 | 189.50 | 102.80 | -46.89 | 102.97 |
Shareholders equity total | 575.17 | 654.06 | 643.85 | 482.57 | 467.74 |
Balance sheet total (assets) | 1 150.90 | 1 351.74 | 1 286.40 | 1 152.52 | 1 112.89 |
Net debt | - 958.41 | -1 228.84 | -1 235.99 | - 997.75 | -1 103.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.6 % | 21.9 % | 21.7 % | 7.8 % | 16.2 % |
ROE | 30.6 % | 30.8 % | 15.8 % | -8.3 % | 21.7 % |
ROI | 49.5 % | 44.3 % | 43.8 % | 17.0 % | 38.6 % |
Economic value added (EVA) | 166.51 | 95.20 | 45.01 | -1.36 | -42.03 |
Solvency | |||||
Equity ratio | 50.0 % | 49.9 % | 50.1 % | 41.9 % | 42.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.1 | 2.0 | 1.7 | 1.7 |
Current ratio | 2.0 | 1.9 | 2.0 | 1.7 | 1.7 |
Cash and cash equivalents | 958.41 | 1 228.84 | 1 235.99 | 997.75 | 1 103.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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