T-Eriksen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37321176
Høegh Guldbergs Gade 36, 8700 Horsens

Credit rating

Company information

Official name
T-Eriksen Holding ApS
Established
2015
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings95.21304.80- 123.84170.73247.57
Shareholders equity total28.48333.28209.44380.17566.74
Balance sheet total (assets)1 453.271 809.761 587.371 860.041 847.94
Net debt841.06855.42831.26890.30629.38
Profitability
EBIT-%
ROA10.8 %21.4 %1.8 %15.8 %17.3 %
ROE12.4 %168.5 %-45.6 %57.9 %52.3 %
ROI11.0 %21.5 %1.8 %15.9 %17.4 %
Economic value added (EVA)18.539.6113.589.6319.44
Solvency
Equity ratio2.0 %18.4 %13.2 %20.4 %30.7 %
Gearing4845.5 %440.0 %652.2 %386.6 %224.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.50.50.6
Current ratio0.50.50.50.50.6
Cash and cash equivalents538.94611.00534.61579.50640.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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