ERIK KJÆRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31161231
Bygade 43 A, 7173 Vonge
tel: 76703001

Company information

Official name
ERIK KJÆRGAARD HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About ERIK KJÆRGAARD HOLDING ApS

ERIK KJÆRGAARD HOLDING ApS (CVR number: 31161231) is a company from VEJLE. The company recorded a gross profit of -112.6 kDKK in 2023. The operating profit was -112.6 kDKK, while net earnings were 1009.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK KJÆRGAARD HOLDING ApS's liquidity measured by quick ratio was 11.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales50.15
Gross profit42.18-4.46-17.35138.90- 112.56
EBIT42.18-4.46-17.35138.90- 112.56
Net earnings258.57528.4287.37925.561 009.78
Shareholders equity total2 617.013 145.433 176.304 044.665 004.44
Balance sheet total (assets)2 633.113 167.223 285.694 368.785 335.10
Net debt- 350.92- 616.83- 603.23-1 043.93-1 467.38
Profitability
EBIT-%84.1 %
ROA10.9 %18.8 %3.6 %25.3 %21.5 %
ROE10.4 %18.3 %2.8 %25.6 %22.3 %
ROI10.9 %18.9 %3.7 %26.8 %23.0 %
Economic value added (EVA)79.2145.3758.91189.7523.05
Solvency
Equity ratio99.4 %99.3 %96.7 %92.6 %93.8 %
Gearing0.4 %
Relative net indebtedness %-686.1 %
Liquidity
Quick ratio59.451.410.24.311.3
Current ratio59.451.410.24.311.3
Cash and cash equivalents360.23616.83603.231 043.931 467.38
Capital use efficiency
Trade debtors turnover (days)287.1
Net working capital %1238.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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