ERLING BÆK HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERLING BÆK HOLDING ApS
ERLING BÆK HOLDING ApS (CVR number: 10063663) is a company from MIDDELFART. The company recorded a gross profit of 561.9 kDKK in 2024. The operating profit was -64.3 kDKK, while net earnings were 3052 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. 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. ERLING BÆK HOLDING ApS's liquidity measured by quick ratio was 6.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 544.10 | 607.33 | 726.96 | 647.08 | 561.90 |
EBIT | -9.66 | 44.51 | 162.84 | 69.89 | -64.27 |
Net earnings | 1 602.62 | 3 933.63 | -2 883.16 | 2 262.57 | 3 051.96 |
Shareholders equity total | 31 602.99 | 35 436.62 | 32 453.45 | 34 657.12 | 37 648.08 |
Balance sheet total (assets) | 43 950.50 | 48 651.96 | 44 365.05 | 46 904.49 | 49 807.58 |
Net debt | -10 529.38 | -14 725.66 | -10 996.80 | -14 539.15 | -18 426.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 11.2 % | 4.5 % | 7.1 % | 8.9 % |
ROE | 5.2 % | 11.7 % | -8.5 % | 6.7 % | 8.4 % |
ROI | 5.7 % | 11.4 % | 4.5 % | 7.1 % | 9.0 % |
Economic value added (EVA) | -1 888.04 | -2 135.98 | -2 265.84 | -2 152.59 | -2 383.81 |
Solvency | |||||
Equity ratio | 71.9 % | 72.8 % | 73.2 % | 73.9 % | 75.6 % |
Gearing | 36.4 % | 34.2 % | 35.2 % | 33.8 % | 30.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.8 | 5.5 | 5.7 | 5.7 | 6.2 |
Current ratio | 5.9 | 5.6 | 5.9 | 5.8 | 6.3 |
Cash and cash equivalents | 22 019.47 | 26 845.22 | 22 434.86 | 26 259.99 | 29 993.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
Variable visualization
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