P.N. ERICHSEN A/S — Credit Rating and Financial Key Figures

CVR number: 78468912
Magnoliavej 10, Dyrup 5250 Odense SV
info@pne.dk
tel: 66170900

Credit rating

Company information

Official name
P.N. ERICHSEN A/S
Personnel
8 persons
Established
1985
Domicile
Dyrup
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About P.N. ERICHSEN A/S

P.N. ERICHSEN A/S (CVR number: 78468912) is a company from ODENSE. The company recorded a gross profit of 2832.2 kDKK in 2023. The operating profit was 325.7 kDKK, while net earnings were 93.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. P.N. ERICHSEN A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 436.501 643.661 691.062 635.512 832.17
EBIT-53.32118.47- 322.19399.37325.72
Net earnings- 252.2414.74- 498.69309.8293.37
Shareholders equity total92.54107.292 608.602 918.413 011.78
Balance sheet total (assets)5 106.955 557.605 770.906 834.047 043.62
Net debt1 078.12395.52866.981 587.59363.66
Profitability
EBIT-%
ROA-1.2 %2.3 %-5.4 %6.6 %4.8 %
ROE-115.4 %14.8 %-36.7 %11.2 %3.1 %
ROI-4.9 %12.6 %-14.3 %10.2 %8.2 %
Economic value added (EVA)-51.46116.44- 399.37274.34182.95
Solvency
Equity ratio1.8 %1.9 %45.8 %42.7 %46.3 %
Gearing1221.4 %536.1 %37.9 %57.0 %17.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.70.80.8
Current ratio1.91.81.81.71.7
Cash and cash equivalents52.15179.68120.4977.20173.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBABBB

Variable visualization

ROA:4.81%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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