ERIK LUND ApS — Credit Rating and Financial Key Figures

CVR number: 48694411
Strandbygade 58, 6700 Esbjerg
tel: 75125870

Company information

Official name
ERIK LUND ApS
Personnel
5 persons
Established
1974
Company form
Private limited company
Industry

About ERIK LUND ApS

ERIK LUND ApS (CVR number: 48694411) is a company from ESBJERG. The company recorded a gross profit of 895.8 kDKK in 2024. The operating profit was 857.9 kDKK, while net earnings were 660.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. ERIK LUND ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit996.081 067.391 298.69844.13895.82
EBIT2 505.121 287.68- 776.46804.43857.86
Net earnings1 897.63949.31- 642.26610.12660.38
Shareholders equity total11 508.4411 457.759 815.4810 425.6111 085.99
Balance sheet total (assets)17 341.5516 781.9413 746.3714 002.3814 663.45
Net debt346.52613.84282.9121.10- 655.18
Profitability
EBIT-%
ROA15.1 %7.5 %-5.1 %5.8 %6.0 %
ROE17.4 %8.3 %-6.0 %6.0 %6.1 %
ROI15.9 %8.0 %-5.5 %6.4 %6.6 %
Economic value added (EVA)1 611.02603.45-1 041.89256.42328.26
Solvency
Equity ratio66.4 %68.3 %71.4 %74.5 %75.6 %
Gearing20.2 %14.9 %5.0 %4.0 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.20.10.40.9
Current ratio1.41.20.10.40.9
Cash and cash equivalents1 973.271 090.40208.23390.761 067.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.00%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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