ERIK NIELSEN OG SØNNER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 986.78 | 443.13 | 315.91 | 3 673.96 | -38.41 |
EBIT | 818.99 | 277.56 | 170.39 | 3 467.62 | - 157.85 |
Net earnings | 617.11 | 200.19 | 111.53 | 2 966.41 | - 126.36 |
Shareholders equity total | 1 920.43 | 2 120.61 | 2 232.15 | 5 198.56 | 572.20 |
Balance sheet total (assets) | 3 675.41 | 3 445.94 | 5 260.00 | 9 033.62 | 605.20 |
Net debt | 326.07 | - 172.82 | 1 872.68 | 2 471.95 | -21.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.4 % | 7.9 % | 4.0 % | 48.5 % | -3.3 % |
ROE | 38.3 % | 9.9 % | 5.1 % | 79.8 % | -4.4 % |
ROI | 29.3 % | 11.0 % | 5.0 % | 56.9 % | -3.8 % |
Economic value added (EVA) | 575.81 | 118.51 | 33.55 | 2 920.91 | - 385.64 |
Solvency | |||||
Equity ratio | 52.3 % | 61.5 % | 42.4 % | 57.5 % | 94.5 % |
Gearing | 24.2 % | 89.5 % | 47.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.1 | 2.1 | 18.3 |
Current ratio | 0.4 | 0.5 | 0.1 | 2.1 | 18.3 |
Cash and cash equivalents | 137.91 | 172.82 | 125.26 | 17.31 | 21.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | B |
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