PAUL ERIK NIELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAUL ERIK NIELSEN ApS
PAUL ERIK NIELSEN ApS (CVR number: 14146792) is a company from VEJEN. The company recorded a gross profit of -20 kDKK in 2023. The operating profit was -20 kDKK, while net earnings were 191.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PAUL ERIK NIELSEN ApS's liquidity measured by quick ratio was 2 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 | -15.38 | -18.25 | -25.63 | -27.96 | -20.00 |
EBIT | -15.38 | -18.25 | -25.63 | -27.96 | -20.00 |
Net earnings | -91.97 | 228.12 | - 229.91 | - 223.54 | 191.74 |
Shareholders equity total | 1 512.02 | 1 650.13 | 1 307.22 | 1 038.69 | 1 112.63 |
Balance sheet total (assets) | 2 117.36 | 2 377.56 | 2 170.20 | 1 970.55 | 2 190.66 |
Net debt | -1 522.10 | -1 690.04 | -1 347.56 | -1 043.44 | -1 116.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 12.7 % | 0.0 % | -0.1 % | 10.6 % |
ROE | -5.9 % | 14.4 % | -15.5 % | -19.1 % | 17.8 % |
ROI | 0.6 % | 12.9 % | 0.0 % | -0.1 % | 10.7 % |
Economic value added (EVA) | 13.72 | 14.55 | 10.62 | 15.11 | 26.31 |
Solvency | |||||
Equity ratio | 71.4 % | 69.4 % | 60.2 % | 52.7 % | 50.8 % |
Gearing | 39.0 % | 41.3 % | 62.5 % | 88.3 % | 95.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 3.4 | 2.5 | 2.1 | 2.0 |
Current ratio | 3.5 | 3.4 | 2.5 | 2.1 | 2.0 |
Cash and cash equivalents | 2 112.44 | 2 371.43 | 2 164.49 | 1 960.30 | 2 179.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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