FINN ALLAN ERIKSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures

CVR number: 52953413
Runetoften 21, Hasle 8210 Aarhus V

Company information

Official name
FINN ALLAN ERIKSEN AUTOMOBILER A/S
Personnel
43 persons
Established
1975
Domicile
Hasle
Company form
Limited company
Industry

About FINN ALLAN ERIKSEN AUTOMOBILER A/S

FINN ALLAN ERIKSEN AUTOMOBILER A/S (CVR number: 52953413) is a company from AARHUS. The company recorded a gross profit of 22.1 mDKK in 2024. The operating profit was 2520.7 kDKK, while net earnings were 1720 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FINN ALLAN ERIKSEN AUTOMOBILER A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit20 052.0019 706.0021 154.0021 656.3222 116.58
EBIT3 762.003 336.004 243.003 909.922 520.73
Net earnings2 816.002 516.003 091.002 673.101 719.98
Shareholders equity total16 769.0016 784.0017 375.0017 048.3716 268.35
Balance sheet total (assets)28 272.0024 776.0031 695.0031 292.6342 049.53
Net debt6 751.039 345.19
Profitability
EBIT-%
ROA11.4 %12.6 %15.0 %12.5 %6.9 %
ROE17.5 %15.0 %18.1 %15.5 %10.3 %
ROI11.4 %12.6 %15.0 %14.1 %10.2 %
Economic value added (EVA)2 985.492 493.363 399.602 166.071 113.56
Solvency
Equity ratio100.0 %100.0 %100.0 %54.8 %38.8 %
Gearing39.6 %57.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.2
Current ratio2.01.5
Cash and cash equivalents6.9312.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.93%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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