ERIK FREDERIKSENS EFTF. HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35413596
Vinkelvej 7, 4990 Sakskøbing

Credit rating

Company information

Official name
ERIK FREDERIKSENS EFTF. HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About ERIK FREDERIKSENS EFTF. HOLDING ApS

ERIK FREDERIKSENS EFTF. HOLDING ApS (CVR number: 35413596) is a company from GULDBORGSUND. The company recorded a gross profit of 68.4 kDKK in 2023. The operating profit was 32 kDKK, while net earnings were -65.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. ERIK FREDERIKSENS EFTF. HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit15.9341.0749.0551.0668.42
EBIT-3.824.6612.6414.6532.01
Net earnings- 113.76883.14- 232.52713.66-65.09
Shareholders equity total25.60908.75676.231 389.891 324.80
Balance sheet total (assets)1 689.282 770.781 927.632 771.842 575.92
Net debt1 166.001 232.031 217.961 230.641 100.32
Profitability
EBIT-%
ROA-9.0 %41.7 %-6.9 %32.2 %-0.1 %
ROE-137.9 %189.0 %-29.3 %69.1 %-4.8 %
ROI-9.6 %43.9 %-7.2 %33.4 %-0.1 %
Economic value added (EVA)4.27-37.8115.11-47.8010.10
Solvency
Equity ratio1.5 %32.8 %35.1 %50.1 %51.4 %
Gearing4554.1 %135.6 %180.4 %89.1 %83.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.10.50.1
Current ratio0.10.40.10.50.1
Cash and cash equivalents1.957.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-0.08%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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