ERIK HOLM NIELSEN & SØN ApS — Credit Rating and Financial Key Figures

CVR number: 26055938
Markvænget 18, 9600 Aars
tel: 98622588
Free credit report Annual report

Company information

Official name
ERIK HOLM NIELSEN & SØN ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 165.61250.47207.67730.34206.88
EBIT109.06275.30-35.45190.49-66.68
Net earnings74.70205.39-30.79147.40-61.87
Shareholders equity total472.09677.58646.79674.19490.32
Balance sheet total (assets)1 479.271 110.661 021.58843.13712.27
Net debt- 366.17- 666.83- 603.11- 752.73- 622.88
Profitability
EBIT-%
ROA7.4 %21.3 %-3.3 %20.5 %-8.2 %
ROE17.2 %35.7 %-4.6 %22.3 %-10.6 %
ROI12.2 %34.9 %-5.2 %28.0 %-9.9 %
Economic value added (EVA)38.28174.70-63.46115.62-98.57
Solvency
Equity ratio31.9 %61.0 %63.3 %80.0 %68.8 %
Gearing28.0 %0.0 %18.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.42.76.73.2
Current ratio1.52.42.76.73.2
Cash and cash equivalents498.17666.83603.11752.73712.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-8.22%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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