ERIK HOLM NIELSEN & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK HOLM NIELSEN & SØN ApS
ERIK HOLM NIELSEN & SØN ApS (CVR number: 26055938) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 206.9 kDKK in 2024. The operating profit was -66.7 kDKK, while net earnings were -61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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 HOLM NIELSEN & SØN ApS's liquidity measured by quick ratio was 3.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 165.61 | 250.47 | 207.67 | 730.34 | 206.88 |
EBIT | 109.06 | 275.30 | -35.45 | 190.49 | -66.68 |
Net earnings | 74.70 | 205.39 | -30.79 | 147.40 | -61.87 |
Shareholders equity total | 472.09 | 677.58 | 646.79 | 674.19 | 490.32 |
Balance sheet total (assets) | 1 479.27 | 1 110.66 | 1 021.58 | 843.13 | 712.27 |
Net debt | - 366.17 | - 666.83 | - 603.11 | - 752.73 | - 622.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.4 % | 21.3 % | -3.3 % | 20.5 % | -8.2 % |
ROE | 17.2 % | 35.7 % | -4.6 % | 22.3 % | -10.6 % |
ROI | 12.2 % | 34.9 % | -5.2 % | 28.0 % | -9.9 % |
Economic value added (EVA) | 38.28 | 174.70 | -63.46 | 115.62 | -98.57 |
Solvency | |||||
Equity ratio | 31.9 % | 61.0 % | 63.3 % | 80.0 % | 68.8 % |
Gearing | 28.0 % | 0.0 % | 18.2 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.4 | 2.7 | 6.7 | 3.2 |
Current ratio | 1.5 | 2.4 | 2.7 | 6.7 | 3.2 |
Cash and cash equivalents | 498.17 | 666.83 | 603.11 | 752.73 | 712.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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