ERIK KJÆRGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 28857470
Lyngvej 7, Hylke 8660 Skanderborg
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Credit rating

Company information

Official name
ERIK KJÆRGAARD ApS
Personnel
1 person
Established
2005
Domicile
Hylke
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit781.07705.54476.74305.10615.36
EBIT38.52- 652.02- 754.14- 925.10- 265.20
Net earnings806.28-93.86- 922.02-1 085.16- 119.46
Shareholders equity total3 119.322 992.471 910.44825.29583.83
Balance sheet total (assets)3 698.243 592.512 326.441 179.98795.41
Net debt-3 509.86-2 773.68-1 419.17- 656.34- 302.53
Profitability
EBIT-%
ROA29.3 %-3.2 %-23.8 %-45.0 %-11.6 %
ROE29.2 %-3.1 %-37.6 %-79.3 %-17.0 %
ROI32.6 %-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 ratio84.3 %83.3 %82.1 %69.9 %73.4 %
Gearing2.5 %12.7 %15.1 %23.6 %17.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.46.05.33.03.2
Current ratio6.46.05.33.03.2
Cash and cash equivalents3 586.573 153.511 707.36851.52402.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-11.6%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.4%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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