ERIK NIELSEN OG SØNNER A/S — Credit Rating and Financial Key Figures

CVR number: 75132913
Darumvej 134, 6700 Esbjerg
mail@listenielsen.dk
tel: 75122755

Company information

Official name
ERIK NIELSEN OG SØNNER A/S
Personnel
2 persons
Established
1984
Company form
Limited company
Industry

About ERIK NIELSEN OG SØNNER A/S

ERIK NIELSEN OG SØNNER A/S (CVR number: 75132913) is a company from ESBJERG. The company recorded a gross profit of -38.4 kDKK in 2023. The operating profit was -157.8 kDKK, while net earnings were -126.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK NIELSEN OG SØNNER A/S's liquidity measured by quick ratio was 18.3 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 profit986.78443.13315.913 673.96-38.41
EBIT818.99277.56170.393 467.62- 157.85
Net earnings617.11200.19111.532 966.41- 126.36
Shareholders equity total1 920.432 120.612 232.155 198.56572.20
Balance sheet total (assets)3 675.413 445.945 260.009 033.62605.20
Net debt326.07- 172.821 872.682 471.95-21.07
Profitability
EBIT-%
ROA21.4 %7.9 %4.0 %48.5 %-3.3 %
ROE38.3 %9.9 %5.1 %79.8 %-4.4 %
ROI29.3 %11.0 %5.0 %56.9 %-3.8 %
Economic value added (EVA)575.81118.5133.552 920.91- 385.64
Solvency
Equity ratio52.3 %61.5 %42.4 %57.5 %94.5 %
Gearing24.2 %89.5 %47.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.12.118.3
Current ratio0.40.50.12.118.3
Cash and cash equivalents137.91172.82125.2617.3121.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.28%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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