ERIK WEIDINGER A/S — Credit Rating and Financial Key Figures

CVR number: 75259514
Generatorvej 3, 2860 Søborg
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Company information

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

About ERIK WEIDINGER A/S

ERIK WEIDINGER A/S (CVR number: 75259514) is a company from GLADSAXE. The company recorded a gross profit of 489.9 kDKK in 2023. The operating profit was -23.1 kDKK, while net earnings were 460.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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 WEIDINGER A/S's liquidity measured by quick ratio was 6 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 profit497.28489.54487.73488.07489.89
EBIT-58.95-67.50-25.71-24.88-23.07
Net earnings-24.3623.60- 148.41340.53460.29
Shareholders equity total5 253.225 276.815 128.415 468.935 929.22
Balance sheet total (assets)7 817.317 740.127 456.087 685.988 043.23
Net debt1 140.581 088.991 015.81947.60868.44
Profitability
EBIT-%
ROA0.7 %1.1 %-0.6 %5.5 %6.4 %
ROE-0.5 %0.4 %-2.9 %6.4 %8.1 %
ROI0.8 %1.2 %-0.7 %6.0 %6.9 %
Economic value added (EVA)- 334.68- 334.31- 293.13- 289.90- 269.87
Solvency
Equity ratio67.2 %68.2 %68.8 %71.2 %73.7 %
Gearing36.6 %34.5 %33.4 %29.4 %25.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.45.35.35.36.0
Current ratio5.45.35.35.36.0
Cash and cash equivalents781.69730.24698.60660.20620.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.39%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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