KJELD ERIKSEN & SØN ApS — Credit Rating and Financial Key Figures

CVR number: 26605997
Vallekildevej 74, 4534 Hørve
tel: 59656599
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Credit rating

Company information

Official name
KJELD ERIKSEN & SØN ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About KJELD ERIKSEN & SØN ApS

KJELD ERIKSEN & SØN ApS (CVR number: 26605997) is a company from ODSHERRED. The company recorded a gross profit of 1635 kDKK in 2024. The operating profit was 396.9 kDKK, while net earnings were 291.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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 1.7 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 221.541 289.571 109.32857.511 634.96
EBIT- 127.15335.45-77.79- 318.37396.91
Net earnings- 110.29244.98-83.75- 273.35291.44
Shareholders equity total1 165.671 310.641 126.90853.551 144.98
Balance sheet total (assets)2 102.782 395.441 939.331 802.022 419.90
Net debt- 516.47- 420.48299.58208.01100.16
Profitability
EBIT-%
ROA-5.7 %15.0 %-3.5 %-16.9 %19.0 %
ROE-8.3 %19.8 %-6.9 %-27.6 %29.2 %
ROI-8.0 %21.6 %-4.6 %-24.1 %27.9 %
Economic value added (EVA)- 191.30187.77- 150.15- 327.08250.51
Solvency
Equity ratio55.4 %54.7 %58.1 %47.4 %47.3 %
Gearing5.4 %23.5 %26.6 %24.4 %44.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.62.31.51.7
Current ratio2.32.62.31.51.7
Cash and cash equivalents579.36728.17411.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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