L.V. ERICHSEN A/S

CVR number: 16215716
Vejlegårdsvej 65 B, 2665 Vallensbæk Strand
tools@lve.dk
tel: 35392346

Credit rating

Company information

Official name
L.V. ERICHSEN A/S
Personnel
1 person
Established
1948
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About L.V. ERICHSEN A/S

L.V. ERICHSEN A/S (CVR number: 16215716) is a company from VALLENSBÆK. The company recorded a gross profit of 571.2 kDKK in 2023. The operating profit was 385.8 kDKK, while net earnings were 353.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L.V. ERICHSEN A/S's liquidity measured by quick ratio was 3.1 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
20192020202120222023
Volume
Net sales
Gross profit684.0627.49921.99977.46571.22
EBIT- 283.16- 604.95154.82691.55385.75
Net earnings- 466.0545.2055.41815.82353.32
Shareholders equity total1 727.321 772.521 827.932 643.752 997.07
Balance sheet total (assets)4 584.994 730.904 240.084 187.443 650.35
Net debt2 299.762 470.131 865.121 029.34138.47
Profitability
EBIT-%
ROA-5.6 %-13.0 %3.5 %16.5 %9.9 %
ROE-23.8 %2.6 %3.1 %36.5 %12.5 %
ROI-6.6 %-14.2 %3.8 %17.6 %10.0 %
Economic value added (EVA)- 454.40- 510.6137.57819.76268.91
Solvency
Equity ratio37.7 %37.5 %43.1 %68.2 %89.1 %
Gearing139.7 %145.9 %108.4 %43.4 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.51.23.1
Current ratio1.61.51.73.49.9
Cash and cash equivalents113.37116.86115.54118.29226.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.86%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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