T-Eriksen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T-Eriksen Holding ApS
T-Eriksen Holding ApS (CVR number: 37321176) is a company from HORSENS. The company recorded a gross profit of -15.6 kDKK in 2024. The operating profit was -15.6 kDKK, while net earnings were 247.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. T-Eriksen Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.38 | -16.04 | -18.38 | -9.11 | -15.63 |
EBIT | -16.38 | -16.04 | -18.38 | -9.11 | -15.63 |
Net earnings | 95.21 | 304.80 | - 123.84 | 170.73 | 247.57 |
Shareholders equity total | 28.48 | 333.28 | 209.44 | 380.17 | 566.74 |
Balance sheet total (assets) | 1 453.27 | 1 809.76 | 1 587.37 | 1 860.04 | 1 847.94 |
Net debt | 841.06 | 855.42 | 831.26 | 890.30 | 629.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.8 % | 21.4 % | 1.8 % | 15.8 % | 17.3 % |
ROE | 12.4 % | 168.5 % | -45.6 % | 57.9 % | 52.3 % |
ROI | 11.0 % | 21.5 % | 1.8 % | 15.9 % | 17.4 % |
Economic value added (EVA) | 18.53 | 9.61 | 13.58 | 9.63 | 19.44 |
Solvency | |||||
Equity ratio | 2.0 % | 18.4 % | 13.2 % | 20.4 % | 30.7 % |
Gearing | 4845.5 % | 440.0 % | 652.2 % | 386.6 % | 224.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 |
Current ratio | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 |
Cash and cash equivalents | 538.94 | 611.00 | 534.61 | 579.50 | 640.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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