ERIK ANDERSEN ApS — Credit Rating and Financial Key Figures

CVR number: 85321218
Nørregade 3-5, 9330 Dronninglund
tel: 98842422

Credit rating

Company information

Official name
ERIK ANDERSEN ApS
Personnel
2 persons
Established
1979
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ERIK ANDERSEN ApS

ERIK ANDERSEN ApS (CVR number: 85321218) is a company from Brønderslev. The company recorded a gross profit of 940.3 kDKK in 2023. The operating profit was -289.5 kDKK, while net earnings were -467 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERIK ANDERSEN ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 034.202 451.252 975.532 441.08940.26
EBIT230.24219.24317.14138.31- 289.54
Net earnings51.7785.85148.29-39.97- 466.99
Shareholders equity total4 217.824 151.444 299.744 259.773 792.77
Balance sheet total (assets)8 609.589 006.298 898.638 525.518 017.37
Net debt2 633.632 454.662 114.172 587.572 491.26
Profitability
EBIT-%
ROA2.9 %2.7 %3.6 %1.6 %-3.4 %
ROE1.2 %2.1 %3.5 %-0.9 %-11.6 %
ROI3.7 %3.5 %4.7 %2.0 %-4.2 %
Economic value added (EVA)-70.81- 111.05-39.50- 135.47- 503.74
Solvency
Equity ratio49.2 %46.1 %48.3 %50.0 %47.3 %
Gearing63.1 %59.3 %49.7 %61.3 %65.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.20.3
Current ratio2.22.12.22.32.2
Cash and cash equivalents28.286.5921.3222.019.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-3.45%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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