ERIK FRIKKE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21354082
Kornagervej 53, 2800 Kgs.Lyngby
tel: 39677231

Company information

Official name
ERIK FRIKKE HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About ERIK FRIKKE HOLDING ApS

ERIK FRIKKE HOLDING ApS (CVR number: 21354082) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -26.8 kDKK in 2023. The operating profit was -26.8 kDKK, while net earnings were 731 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK FRIKKE HOLDING ApS's liquidity measured by quick ratio was 5.7 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 profit-14.58-17.82-23.73-23.18-26.79
EBIT-14.58-17.82-23.73-23.18-26.79
Net earnings303.631 583.0578.57516.74731.02
Shareholders equity total4 754.896 237.936 216.506 433.256 964.27
Balance sheet total (assets)5 262.067 171.836 528.016 738.397 273.58
Net debt- 305.70- 241.4160.05- 255.39- 777.52
Profitability
EBIT-%
ROA6.5 %30.1 %-0.4 %9.8 %13.0 %
ROE6.5 %28.8 %1.3 %8.2 %10.9 %
ROI6.9 %32.8 %-0.5 %9.9 %13.2 %
Economic value added (EVA)- 150.71- 155.10- 231.91- 251.47- 269.75
Solvency
Equity ratio90.4 %87.0 %95.2 %95.5 %95.7 %
Gearing4.1 %4.0 %4.0 %3.8 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.13.24.35.7
Current ratio1.61.13.24.35.7
Cash and cash equivalents498.88488.33186.87502.42907.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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