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Eriksen Group Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Eriksen Group Holding A/S
Eriksen Group Holding A/S (CVR number: 25569695) is a company from AARHUS. The company recorded a gross profit of -374.4 kDKK in 2024. The operating profit was -1502.8 kDKK, while net earnings were 4650.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Eriksen Group Holding A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 086.64 | -31.31 | - 561.59 | - 283.78 | - 374.40 |
| EBIT | -2 340.28 | -1 342.50 | -1 870.14 | -1 452.66 | -1 502.76 |
| Net earnings | 4 583.28 | 12 303.25 | 7 626.30 | 9 694.93 | 4 650.60 |
| Shareholders equity total | 56 317.66 | 68 564.41 | 76 133.50 | 85 769.53 | 90 359.13 |
| Balance sheet total (assets) | 107 519.14 | 124 745.19 | 92 856.68 | 96 444.81 | 103 337.96 |
| Net debt | 49 509.20 | 52 744.28 | 14 514.96 | 8 915.07 | 11 395.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.7 % | 12.4 % | 8.0 % | 11.1 % | 5.1 % |
| ROE | 8.5 % | 19.7 % | 10.5 % | 12.0 % | 5.3 % |
| ROI | 6.8 % | 12.6 % | 8.2 % | 11.3 % | 5.1 % |
| Economic value added (EVA) | -5 439.34 | -6 391.40 | -7 586.59 | -5 719.09 | -5 980.66 |
| Solvency | |||||
| Equity ratio | 52.4 % | 55.0 % | 82.0 % | 88.9 % | 87.4 % |
| Gearing | 87.9 % | 76.9 % | 19.1 % | 10.4 % | 12.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 1.0 | 1.7 | 0.9 | 1.3 |
| Current ratio | 0.2 | 1.0 | 1.7 | 0.9 | 1.3 |
| Cash and cash equivalents | 13.98 | 13.98 | 13.23 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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