ERIK RODING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK RODING A/S
ERIK RODING A/S (CVR number: 73421810) is a company from AARHUS. The company recorded a gross profit of -11 kDKK in 2024. The operating profit was -11 kDKK, while net earnings were 3772.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK RODING A/S's liquidity measured by quick ratio was 499.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -72.12 | -72.04 | -36.84 | -10.48 | -11.04 |
EBIT | -72.12 | -72.04 | -36.84 | -10.48 | -11.04 |
Net earnings | 2 685.38 | 3 685.49 | 2 879.20 | 2 491.01 | 3 772.13 |
Shareholders equity total | 45 556.90 | 32 742.39 | 35 621.59 | 38 112.59 | 41 884.72 |
Balance sheet total (assets) | 61 692.70 | 41 473.97 | 35 640.08 | 38 251.35 | 41 903.22 |
Net debt | 13 100.25 | 2 381.72 | -56.11 | - 396.72 | - 440.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.8 % | 8.3 % | 9.8 % | 7.1 % | 10.7 % |
ROE | 6.1 % | 9.4 % | 8.4 % | 6.8 % | 9.4 % |
ROI | 5.8 % | 8.8 % | 10.7 % | 7.1 % | 10.7 % |
Economic value added (EVA) | 1 399.59 | 539.65 | 497.98 | 711.65 | 809.01 |
Solvency | |||||
Equity ratio | 73.8 % | 78.9 % | 99.9 % | 99.6 % | 100.0 % |
Gearing | 35.4 % | 7.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 213.4 | 30.3 | 499.2 |
Current ratio | 1.2 | 1.4 | 213.4 | 30.3 | 499.2 |
Cash and cash equivalents | 3 014.45 | 143.61 | 56.11 | 396.72 | 440.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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