ERIK JENSEN RADIO ApS — Credit Rating and Financial Key Figures

CVR number: 57583312
Baldersvej 4, 7080 Børkop
tel: 75866011

Credit rating

Company information

Official name
ERIK JENSEN RADIO ApS
Established
1976
Company form
Private limited company
Industry

About ERIK JENSEN RADIO ApS

ERIK JENSEN RADIO ApS (CVR number: 57583312) is a company from VEJLE. The company recorded a gross profit of -38.2 kDKK in 2023. The operating profit was -38.2 kDKK, while net earnings were 333.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK JENSEN RADIO ApS's liquidity measured by quick ratio was 277.3 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 sales
Gross profit-41.44-43.82-42.83-37.38-38.20
EBIT-41.44-43.82-42.83-37.38-38.20
Net earnings1.74273.03- 285.5854.28333.10
Shareholders equity total4 363.104 580.834 238.754 235.834 510.02
Balance sheet total (assets)4 383.934 650.224 247.804 244.884 526.35
Net debt-4 375.98-4 642.27-4 151.32-4 151.34-4 526.35
Profitability
EBIT-%
ROA0.6 %7.8 %0.9 %1.6 %9.7 %
ROE0.0 %6.1 %-6.5 %1.3 %7.6 %
ROI0.7 %7.8 %0.9 %1.6 %9.8 %
Economic value added (EVA)-43.06-33.53-30.56-34.66-34.04
Solvency
Equity ratio99.5 %98.5 %99.8 %99.8 %99.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio210.6510.3469.4461.8277.3
Current ratio210.6510.3469.4461.8277.3
Cash and cash equivalents4 375.984 642.274 151.324 151.344 526.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:9.74%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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