ERIK WEIDINGER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 497.28 | 489.54 | 487.73 | 488.07 | 489.89 |
EBIT | -58.95 | -67.50 | -25.71 | -24.88 | -23.07 |
Net earnings | -24.36 | 23.60 | - 148.41 | 340.53 | 460.29 |
Shareholders equity total | 5 253.22 | 5 276.81 | 5 128.41 | 5 468.93 | 5 929.22 |
Balance sheet total (assets) | 7 817.31 | 7 740.12 | 7 456.08 | 7 685.98 | 8 043.23 |
Net debt | 1 140.58 | 1 088.99 | 1 015.81 | 947.60 | 868.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | 1.1 % | -0.6 % | 5.5 % | 6.4 % |
ROE | -0.5 % | 0.4 % | -2.9 % | 6.4 % | 8.1 % |
ROI | 0.8 % | 1.2 % | -0.7 % | 6.0 % | 6.9 % |
Economic value added (EVA) | - 334.68 | - 334.31 | - 293.13 | - 289.90 | - 269.87 |
Solvency | |||||
Equity ratio | 67.2 % | 68.2 % | 68.8 % | 71.2 % | 73.7 % |
Gearing | 36.6 % | 34.5 % | 33.4 % | 29.4 % | 25.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.4 | 5.3 | 5.3 | 5.3 | 6.0 |
Current ratio | 5.4 | 5.3 | 5.3 | 5.3 | 6.0 |
Cash and cash equivalents | 781.69 | 730.24 | 698.60 | 660.20 | 620.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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