ERIKSEN PROJEKTUDVIKLING A/S — Credit Rating and Financial Key Figures

CVR number: 25598903
Studsgade 27, 8000 Aarhus C
info@eriksenarkitekter.dk
tel: 86209211

Credit rating

Company information

Official name
ERIKSEN PROJEKTUDVIKLING A/S
Established
2000
Company form
Limited company
Industry

About ERIKSEN PROJEKTUDVIKLING A/S

ERIKSEN PROJEKTUDVIKLING A/S (CVR number: 25598903) is a company from AARHUS. The company recorded a gross profit of 12 mDKK in 2023. The operating profit was 27.9 mDKK, while net earnings were 18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. ERIKSEN PROJEKTUDVIKLING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 301.215 666.284 803.999 397.6012 032.19
EBIT7 686.6512 888.6923 758.6419 234.9727 937.87
Net earnings5 614.929 655.9418 077.8312 757.0518 577.11
Shareholders equity total56 353.5062 009.4476 087.2788 844.31107 421.43
Balance sheet total (assets)108 865.33118 096.26144 810.81198 811.94235 999.54
Net debt35 754.6036 556.4638 506.3176 084.5581 663.11
Profitability
EBIT-%
ROA7.2 %11.4 %18.1 %11.2 %12.9 %
ROE10.5 %16.3 %26.2 %15.5 %18.9 %
ROI7.3 %11.6 %18.5 %11.6 %13.3 %
Economic value added (EVA)1 823.975 590.9713 744.809 744.2313 704.39
Solvency
Equity ratio51.8 %52.5 %52.5 %44.7 %45.5 %
Gearing65.1 %61.4 %58.9 %91.6 %86.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.60.50.9
Current ratio2.01.31.00.81.2
Cash and cash equivalents945.321 519.066 282.605 307.5311 431.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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