ERIK SIMONSEN MOLDT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK SIMONSEN MOLDT ApS
ERIK SIMONSEN MOLDT ApS (CVR number: 86560011) is a company from SØNDERBORG. The company recorded a gross profit of 6263.8 kDKK in 2023. The operating profit was -802.9 kDKK, while net earnings were -1268.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -38 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. ERIK SIMONSEN MOLDT ApS's liquidity measured by quick ratio was 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 | 12 841.00 | 13 757.00 | 12 178.00 | 9 119.00 | 6 263.80 |
EBIT | 352.00 | 298.00 | -1 208.00 | -3 475.00 | - 802.88 |
Net earnings | 259.00 | 223.00 | -2 209.00 | -3 556.00 | -1 268.37 |
Shareholders equity total | 9 514.00 | 9 737.00 | 7 528.00 | 3 972.00 | 2 703.87 |
Balance sheet total (assets) | 16 875.00 | 18 394.00 | 12 973.00 | 9 065.00 | 3 386.69 |
Net debt | -28.00 | -1 615.00 | 668.00 | 1 023.00 | -1 595.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | 2.1 % | -7.4 % | -31.5 % | -12.4 % |
ROE | 2.8 % | 2.3 % | -25.6 % | -61.8 % | -38.0 % |
ROI | 3.7 % | 3.1 % | -11.4 % | -48.3 % | -19.1 % |
Economic value added (EVA) | - 183.72 | - 128.77 | -1 182.95 | -3 798.84 | - 749.89 |
Solvency | |||||
Equity ratio | 56.4 % | 52.9 % | 58.0 % | 43.8 % | 79.8 % |
Gearing | 19.9 % | 16.9 % | 19.4 % | 35.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.0 | 1.0 | 0.8 | 5.0 |
Current ratio | 1.4 | 1.0 | 1.0 | 0.8 | 5.0 |
Cash and cash equivalents | 1 923.00 | 3 264.00 | 793.00 | 393.00 | 1 595.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BB |
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