ERLING HOLMLUND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 0.65 | 160.69 | -74.53 | 90.79 | 141.76 |
Shareholders equity total | 1 702.17 | 1 807.56 | 1 676.53 | 1 652.72 | 1 676.68 |
Balance sheet total (assets) | 1 875.38 | 2 059.04 | 2 295.04 | 2 258.28 | 2 182.02 |
Net debt | 124.16 | - 937.06 | - 570.37 | - 568.15 | - 627.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 10.6 % | 8.2 % | 5.6 % | 13.3 % |
ROE | 0.0 % | 9.2 % | -4.3 % | 5.5 % | 8.5 % |
ROI | 1.5 % | 10.8 % | 8.3 % | 5.7 % | 13.5 % |
Economic value added (EVA) | -54.70 | -67.46 | -16.54 | 5.67 | -0.42 |
Solvency | |||||
Equity ratio | 90.8 % | 87.8 % | 73.0 % | 73.2 % | 76.8 % |
Gearing | 8.7 % | 12.3 % | 35.8 % | 36.1 % | 27.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 4.8 | 2.0 | 2.1 | 2.5 |
Current ratio | 0.5 | 4.8 | 2.0 | 2.1 | 2.5 |
Cash and cash equivalents | 24.46 | 1 159.52 | 1 170.29 | 1 165.21 | 1 084.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AA | A | A | A |
Variable visualization
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