S. ERIKSEN FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 21836036
Tarmvej 4, 9220 Aalborg Øst
info@seriksen.dk
tel: 98156622

Company information

Official name
S. ERIKSEN FINANS A/S
Personnel
3 persons
Established
1999
Company form
Limited company
Industry

About S. ERIKSEN FINANS A/S

S. ERIKSEN FINANS A/S (CVR number: 21836036) is a company from AALBORG. The company recorded a gross profit of 541.5 kDKK in 2023. The operating profit was 17.3 kDKK, while net earnings were 220.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. S. ERIKSEN FINANS A/S's liquidity measured by quick ratio was 53.2 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 sales
Gross profit435.07535.28560.25547.01541.46
EBIT30.97104.1598.3084.7617.27
Net earnings- 118.25169.14-82.1637.12220.84
Shareholders equity total9 736.739 905.889 823.719 860.8310 081.68
Balance sheet total (assets)9 907.3910 082.699 982.049 999.4010 285.01
Net debt-7 099.76-7 203.89-7 233.53-7 989.99-8 245.89
Profitability
EBIT-%
ROA0.4 %2.6 %1.1 %1.3 %2.9 %
ROE-1.2 %1.7 %-0.8 %0.4 %2.2 %
ROI0.4 %2.6 %1.1 %1.3 %2.9 %
Economic value added (EVA)-30.42-48.04-58.69-62.15-80.51
Solvency
Equity ratio98.3 %98.2 %98.4 %98.6 %98.0 %
Gearing0.1 %0.1 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio41.940.946.058.053.2
Current ratio41.940.946.058.053.2
Cash and cash equivalents7 099.767 212.467 241.347 997.808 250.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:2.87%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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