ERLING HOLMLUND ApS — Credit Rating and Financial Key Figures

CVR number: 26488818
Mandalsvej 11 A, 8200 Aarhus N

Company information

Official name
ERLING HOLMLUND ApS
Established
2002
Company form
Private limited company
Industry

About ERLING HOLMLUND ApS

ERLING HOLMLUND ApS (CVR number: 26488818) is a company from AARHUS. The company recorded a gross profit of -11.5 kDKK in 2023. The operating profit was -11.5 kDKK, while net earnings were 141.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. ERLING HOLMLUND ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.12-8.17-8.22-7.81-11.52
EBIT-9.12-8.17-8.22-7.81-11.52
Net earnings0.65160.69-74.5390.79141.76
Shareholders equity total1 702.171 807.561 676.531 652.721 676.68
Balance sheet total (assets)1 875.382 059.042 295.042 258.282 182.02
Net debt124.16- 937.06- 570.37- 568.15- 627.14
Profitability
EBIT-%
ROA1.4 %10.6 %8.2 %5.6 %13.3 %
ROE0.0 %9.2 %-4.3 %5.5 %8.5 %
ROI1.5 %10.8 %8.3 %5.7 %13.5 %
Economic value added (EVA)-54.70-67.46-16.545.67-0.42
Solvency
Equity ratio90.8 %87.8 %73.0 %73.2 %76.8 %
Gearing8.7 %12.3 %35.8 %36.1 %27.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.54.82.02.12.5
Current ratio0.54.82.02.12.5
Cash and cash equivalents24.461 159.521 170.291 165.211 084.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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