ERLING NIELSEN HOLDING, VOEL ApS — Credit Rating and Financial Key Figures

CVR number: 24203980
Højgårdsvænget 9, Voel 8600 Silkeborg
tel: 86853502

Credit rating

Company information

Official name
ERLING NIELSEN HOLDING, VOEL ApS
Personnel
1 person
Established
1999
Domicile
Voel
Company form
Private limited company
Industry

About ERLING NIELSEN HOLDING, VOEL ApS

ERLING NIELSEN HOLDING, VOEL ApS (CVR number: 24203980) is a company from SILKEBORG. The company recorded a gross profit of -24.9 kDKK in 2023. The operating profit was -164.9 kDKK, while net earnings were 266.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING NIELSEN HOLDING, VOEL ApS's liquidity measured by quick ratio was 160 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.38-6.45-17.89-26.79-24.94
EBIT-7.38-6.45- 348.89- 166.79- 164.94
Net earnings400.6058.78317.67-1 082.49266.32
Shareholders equity total7 489.687 493.166 104.334 964.645 172.06
Balance sheet total (assets)7 554.307 635.686 590.834 985.905 204.59
Net debt-6 414.55-7 431.20-6 589.68-4 915.71-5 159.73
Profitability
EBIT-%
ROA7.4 %4.7 %9.3 %5.3 %13.3 %
ROE5.5 %0.8 %4.7 %-19.6 %5.3 %
ROI7.4 %4.7 %9.6 %5.6 %13.4 %
Economic value added (EVA)-54.30-50.29- 242.61- 132.79- 167.37
Solvency
Equity ratio99.1 %98.1 %92.6 %99.6 %99.4 %
Gearing1.8 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio114.053.413.5234.5160.0
Current ratio114.053.413.5234.5160.0
Cash and cash equivalents6 414.557 566.216 590.834 916.205 160.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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