ERIK KJÆRGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK KJÆRGAARD ApS
ERIK KJÆRGAARD ApS (CVR number: 28857470) is a company from SKANDERBORG. The company recorded a gross profit of 615.4 kDKK in 2024. The operating profit was -265.2 kDKK, while net earnings were -119.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERIK KJÆRGAARD ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 781.07 | 705.54 | 476.74 | 305.10 | 615.36 |
EBIT | 38.52 | - 652.02 | - 754.14 | - 925.10 | - 265.20 |
Net earnings | 806.28 | -93.86 | - 922.02 | -1 085.16 | - 119.46 |
Shareholders equity total | 3 119.32 | 2 992.47 | 1 910.44 | 825.29 | 583.83 |
Balance sheet total (assets) | 3 698.24 | 3 592.51 | 2 326.44 | 1 179.98 | 795.41 |
Net debt | -3 509.86 | -2 773.68 | -1 419.17 | - 656.34 | - 302.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.3 % | -3.2 % | -23.8 % | -45.0 % | -11.6 % |
ROE | 29.2 % | -3.1 % | -37.6 % | -79.3 % | -17.0 % |
ROI | 32.6 % | -3.5 % | -25.3 % | -49.1 % | -13.4 % |
Economic value added (EVA) | - 138.30 | - 671.32 | - 762.16 | -1 370.71 | - 316.48 |
Solvency | |||||
Equity ratio | 84.3 % | 83.3 % | 82.1 % | 69.9 % | 73.4 % |
Gearing | 2.5 % | 12.7 % | 15.1 % | 23.6 % | 17.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.4 | 6.0 | 5.3 | 3.0 | 3.2 |
Current ratio | 6.4 | 6.0 | 5.3 | 3.0 | 3.2 |
Cash and cash equivalents | 3 586.57 | 3 153.51 | 1 707.36 | 851.52 | 402.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
Variable visualization
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