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ERLING NIELSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERLING NIELSEN AUTOMOBILER A/S
ERLING NIELSEN AUTOMOBILER A/S (CVR number: 47505410) is a company from GRIBSKOV. The company recorded a gross profit of -162.1 kDKK in 2024. The operating profit was -1061.6 kDKK, while net earnings were -4312 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING NIELSEN AUTOMOBILER A/S's liquidity measured by quick ratio was 9.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -54.26 | - 133.50 | 340.10 | - 194.01 | - 162.09 |
| EBIT | - 890.26 | - 977.50 | - 503.90 | -1 094.01 | -1 061.62 |
| Net earnings | 5 983.17 | -2 406.70 | 4 312.37 | 7 357.05 | -4 312.03 |
| Shareholders equity total | 40 951.88 | 38 145.17 | 42 157.54 | 47 489.71 | 42 827.69 |
| Balance sheet total (assets) | 45 614.39 | 41 971.96 | 46 857.29 | 54 108.29 | 47 586.75 |
| Net debt | -40 887.79 | -35 739.69 | -40 194.60 | -49 041.27 | -41 850.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.4 % | 2.6 % | 12.5 % | 18.8 % | 0.5 % |
| ROE | 15.7 % | -6.1 % | 10.7 % | 16.4 % | -9.5 % |
| ROI | 19.0 % | 2.7 % | 12.7 % | 19.4 % | 0.5 % |
| Economic value added (EVA) | -2 586.71 | -2 951.65 | -2 477.85 | -3 172.08 | -3 594.89 |
| Solvency | |||||
| Equity ratio | 89.8 % | 90.9 % | 90.0 % | 87.8 % | 90.0 % |
| Gearing | 5.7 % | 8.6 % | 8.7 % | 8.3 % | 10.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.9 | 10.4 | 10.1 | 8.5 | 9.8 |
| Current ratio | 9.9 | 10.4 | 10.1 | 8.4 | 9.8 |
| Cash and cash equivalents | 43 229.97 | 39 002.88 | 43 854.90 | 52 977.09 | 46 116.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | A | AA | A |
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