ERIK ERIKSEN II ApS — Credit Rating and Financial Key Figures

CVR number: 26506336
Lundehusvej 25, Buderupholm 9530 Støvring
vivan@roldhoej.dk
tel: 98374709

Company information

Official name
ERIK ERIKSEN II ApS
Personnel
17 persons
Established
2002
Domicile
Buderupholm
Company form
Private limited company
Industry

About ERIK ERIKSEN II ApS

ERIK ERIKSEN II ApS (CVR number: 26506336) is a company from REBILD. The company reported a net sales of 3.5 mDKK in 2023, demonstrating a growth of 6.2 % compared to the previous year. The operating profit percentage was at 19.6 % (EBIT: 0.7 mDKK), while net earnings were 582.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. ERIK ERIKSEN II ApS's liquidity measured by quick ratio was 3.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 451.031 854.813 518.083 265.763 466.61
Gross profit719.491 069.552 058.501 808.112 083.42
EBIT-24.21208.11743.41367.84680.56
Net earnings24.57203.99714.94323.68582.54
Shareholders equity total826.311 030.301 595.241 770.162 152.71
Balance sheet total (assets)1 348.231 707.382 249.102 588.853 052.36
Net debt316.2927.65- 448.29- 471.42- 576.07
Profitability
EBIT-%-1.7 %11.2 %21.1 %11.3 %19.6 %
ROA-1.6 %13.8 %37.9 %16.5 %25.7 %
ROE2.5 %22.0 %54.5 %19.2 %29.7 %
ROI-2.0 %17.7 %50.0 %21.3 %33.0 %
Economic value added (EVA)-62.66166.54681.72257.99495.17
Solvency
Equity ratio61.3 %60.3 %70.9 %68.4 %70.5 %
Gearing39.1 %19.4 %9.8 %9.3 %7.9 %
Relative net indebtedness %35.5 %27.2 %0.9 %4.0 %1.9 %
Liquidity
Quick ratio0.91.22.32.53.1
Current ratio1.01.42.52.63.2
Cash and cash equivalents6.90172.19604.77636.04747.15
Capital use efficiency
Trade debtors turnover (days)14.925.03.86.8
Net working capital %-0.4 %10.3 %20.6 %30.0 %41.6 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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