L.V. ERICHSEN A/S — Credit Rating and Financial Key Figures

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

Official name
L.V. ERICHSEN A/S
Personnel
1 person
Established
1948
Company form
Limited company
Industry

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 168.5 kDKK in 2024. The operating profit was 90.7 kDKK, while net earnings were 60.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, 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 20.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit27.49921.99977.46571.22168.52
EBIT- 604.95154.82691.55385.7590.72
Net earnings45.2055.41815.82353.3260.77
Shareholders equity total1 772.521 827.932 643.752 997.073 057.85
Balance sheet total (assets)4 730.904 240.084 187.443 650.353 325.02
Net debt2 470.131 865.121 029.34138.47- 456.89
Profitability
EBIT-%
ROA-13.0 %3.5 %16.5 %9.9 %2.7 %
ROE2.6 %3.1 %36.5 %12.5 %2.0 %
ROI-14.2 %3.8 %17.6 %10.0 %2.7 %
Economic value added (EVA)- 637.57-98.30714.43205.30-98.91
Solvency
Equity ratio37.5 %43.1 %68.2 %89.1 %98.6 %
Gearing145.9 %108.4 %43.4 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.51.23.120.3
Current ratio1.51.73.49.974.1
Cash and cash equivalents116.86115.54118.29226.60456.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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