M.J. ERIKSSON HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.J. ERIKSSON HOLDING A/S
M.J. ERIKSSON HOLDING A/S (CVR number: 24209016K) is a company from BRØNDBY. The company reported a net sales of 3713.1 mDKK in 2024, demonstrating a growth of 25.5 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 380.4 mDKK), while net earnings were 313 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 33 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57 %, 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. M.J. ERIKSSON HOLDING A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 184.70 | 2 442.13 | 3 080.06 | 2 958.12 | 3 713.13 |
| Gross profit | 109.88 | 99.56 | 204.78 | 297.74 | 439.75 |
| EBIT | 69.04 | 66.71 | 164.87 | 248.67 | 380.40 |
| Net earnings | 86.26 | 59.46 | 135.32 | 308.25 | 313.02 |
| Shareholders equity total | 589.70 | 623.12 | 713.85 | 854.45 | 1 067.11 |
| Balance sheet total (assets) | 989.68 | 1 088.96 | 1 342.37 | 1 489.33 | 1 873.23 |
| Net debt | - 184.24 | - 385.29 | - 269.22 | ||
| Profitability | |||||
| EBIT-% | 3.2 % | 2.7 % | 5.4 % | 8.4 % | 10.2 % |
| ROA | 6.8 % | 6.4 % | 13.6 % | 18.6 % | 23.8 % |
| ROE | 15.0 % | 9.8 % | 20.2 % | 39.6 % | 33.0 % |
| ROI | 6.8 % | 6.4 % | 13.6 % | 23.3 % | 39.6 % |
| Economic value added (EVA) | 32.39 | 24.40 | 98.09 | 270.34 | 249.42 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 57.4 % | 57.0 % |
| Gearing | 0.0 % | 0.0 % | |||
| Relative net indebtedness % | -6.0 % | 6.3 % | 13.4 % | ||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.9 | |||
| Current ratio | 2.0 | 1.9 | |||
| Cash and cash equivalents | 184.24 | 385.57 | 269.44 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 70.1 | 86.2 | |||
| Net working capital % | 6.0 % | 16.9 % | 16.8 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | AA | A |
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