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

CVR number: 26055938
Markvænget 18, 9600 Aars
tel: 98622588

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

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.