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ERIK ERIKSEN 1 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK ERIKSEN 1 ApS
ERIK ERIKSEN 1 ApS (CVR number: 31775248) is a company from REBILD. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 53.6 % (EBIT: 0.2 mDKK), while net earnings were -163.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ERIK ERIKSEN 1 ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 181.60 | 230.48 | 311.58 | 358.90 | 358.02 |
| Gross profit | 125.93 | 118.14 | 145.77 | 195.52 | 262.22 |
| EBIT | 55.47 | 47.68 | 75.31 | 124.93 | 191.84 |
| Net earnings | - 124.83 | - 104.08 | - 201.19 | - 236.65 | - 163.62 |
| Shareholders equity total | - 113.71 | - 217.78 | - 418.97 | - 655.62 | - 819.24 |
| Balance sheet total (assets) | 6 100.22 | 6 072.98 | 6 010.75 | 5 904.66 | 5 858.30 |
| Net debt | 5 988.54 | 6 073.63 | 6 170.98 | 6 351.18 | 6 424.35 |
| Profitability | |||||
| EBIT-% | 30.5 % | 20.7 % | 24.2 % | 34.8 % | 53.6 % |
| ROA | 0.9 % | 0.8 % | 1.2 % | 1.9 % | 2.9 % |
| ROE | -4.1 % | -1.7 % | -3.3 % | -4.0 % | -2.8 % |
| ROI | 0.9 % | 0.8 % | 1.2 % | 1.9 % | 2.9 % |
| Economic value added (EVA) | - 241.06 | - 259.56 | - 230.93 | - 178.74 | - 115.31 |
| Solvency | |||||
| Equity ratio | -1.8 % | -3.5 % | -6.5 % | -10.0 % | -12.3 % |
| Gearing | -5284.9 % | -2794.3 % | -1481.2 % | -968.7 % | -786.7 % |
| Relative net indebtedness % | 3338.1 % | 2672.0 % | 2018.7 % | 1802.9 % | 1838.7 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 9.8 | 2.5 | ||
| Current ratio | 1.3 | 9.8 | 2.5 | ||
| Cash and cash equivalents | 20.98 | 12.00 | 34.97 | 20.39 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 26.0 | 17.3 | 14.5 | 18.2 | |
| Net working capital % | 2.4 % | 18.0 % | 14.3 % | 4.0 % | 6.5 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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