KJELD ERIKSEN & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KJELD ERIKSEN & SØN ApS
KJELD ERIKSEN & SØN ApS (CVR number: 26605997) is a company from ODSHERRED. The company recorded a gross profit of 857.5 kDKK in 2023. The operating profit was -318.4 kDKK, while net earnings were -273.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -27.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KJELD ERIKSEN & SØN ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 493.04 | 1 221.54 | 1 289.57 | 1 109.32 | 857.51 |
EBIT | 283.68 | - 127.15 | 335.45 | -77.79 | - 318.37 |
Net earnings | 227.27 | - 110.29 | 244.98 | -83.75 | - 273.35 |
Shareholders equity total | 1 495.96 | 1 165.67 | 1 310.64 | 1 126.90 | 853.55 |
Balance sheet total (assets) | 2 320.76 | 2 102.78 | 2 395.44 | 1 939.33 | 1 802.02 |
Net debt | - 330.55 | - 516.47 | - 420.48 | 299.58 | 208.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.1 % | -5.7 % | 15.0 % | -3.5 % | -16.9 % |
ROE | 16.4 % | -8.3 % | 19.8 % | -6.9 % | -27.6 % |
ROI | 18.2 % | -8.0 % | 21.6 % | -4.6 % | -24.1 % |
Economic value added (EVA) | 151.94 | - 157.64 | 226.93 | - 102.75 | - 320.21 |
Solvency | |||||
Equity ratio | 64.5 % | 55.4 % | 54.7 % | 58.1 % | 47.4 % |
Gearing | 7.5 % | 5.4 % | 23.5 % | 26.6 % | 24.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.3 | 2.6 | 2.3 | 1.5 |
Current ratio | 3.4 | 2.3 | 2.6 | 2.3 | 1.5 |
Cash and cash equivalents | 442.17 | 579.36 | 728.17 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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