AAGAARD ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26820588
Søbrinken 7, 5550 Langeskov
tel: 65382310

Credit rating

Company information

Official name
AAGAARD ERIKSEN HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About AAGAARD ERIKSEN HOLDING ApS

AAGAARD ERIKSEN HOLDING ApS (CVR number: 26820588) is a company from KERTEMINDE. The company recorded a gross profit of -9.5 kDKK in 2023. The operating profit was -9.5 kDKK, while net earnings were -444.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. AAGAARD ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit-13.00-12.00-16.00-13.00-9.53
EBIT-13.00-12.00-16.00-13.00-9.53
Net earnings278.00- 481.001 738.00973.00- 444.09
Shareholders equity total4 266.003 675.005 413.006 272.005 709.76
Balance sheet total (assets)6 850.006 222.008 564.009 219.008 386.35
Net debt2 053.002 000.002 548.002 009.002 068.33
Profitability
EBIT-%
ROA5.0 %-6.5 %24.7 %11.6 %-4.3 %
ROE6.6 %-12.1 %38.2 %16.7 %-7.4 %
ROI5.3 %-6.9 %26.1 %12.4 %-4.6 %
Economic value added (EVA)149.62177.58166.80265.67256.15
Solvency
Equity ratio62.3 %59.1 %63.2 %68.0 %68.1 %
Gearing52.4 %59.3 %50.1 %35.1 %39.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.50.90.6
Current ratio0.50.30.50.90.6
Cash and cash equivalents183.00180.00163.00193.00199.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAABBB

Variable visualization

ROA:-4.26%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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