ERIK LUNDORFF HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 17234994
Engelsholmvej 1, 8940 Randers SV

Company information

Official name
ERIK LUNDORFF HOLDING ApS
Personnel
1 person
Established
1993
Company form
Private limited company
Industry

About ERIK LUNDORFF HOLDING ApS

ERIK LUNDORFF HOLDING ApS (CVR number: 17234994) is a company from RANDERS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 20.7 % compared to the previous year. The operating profit percentage was at 59.4 % (EBIT: 0.2 mDKK), while net earnings were 1689 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK LUNDORFF HOLDING ApS's liquidity measured by quick ratio was 70 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales251.56409.85340.18263.30317.69
Gross profit245.38405.35335.62246.71308.83
EBIT245.38405.35335.62246.71188.83
Net earnings1 296.652 340.902 834.27-57.271 689.01
Shareholders equity total11 855.6813 896.5816 230.8515 673.5817 062.59
Balance sheet total (assets)11 955.9214 418.9516 302.9815 678.5817 288.77
Net debt-9 972.42-12 235.66-14 508.74-13 970.86-15 824.02
Profitability
EBIT-%97.5 %98.9 %98.7 %93.7 %59.4 %
ROA14.0 %21.9 %23.1 %4.3 %12.6 %
ROE11.4 %18.2 %18.8 %-0.4 %10.3 %
ROI14.0 %22.1 %23.2 %4.3 %12.7 %
Economic value added (EVA)187.00331.49327.62221.19207.02
Solvency
Equity ratio99.2 %96.4 %99.6 %100.0 %98.7 %
Gearing0.0 %3.4 %
Relative net indebtedness %-3924.7 %-2973.4 %-4243.9 %-5304.1 %-4909.7 %
Liquidity
Quick ratio109.425.3207.42 854.370.0
Current ratio109.425.3207.42 854.370.0
Cash and cash equivalents9 973.1812 708.6614 508.7413 970.8615 824.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %554.0 %143.0 %136.5 %168.1 %9.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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