ERIK NIELSEN. FREDENSBORG ApS — Credit Rating and Financial Key Figures

CVR number: 66018717
Kongevejen 39, Asminderød 3480 Fredensborg
tel: 48481927

Company information

Official name
ERIK NIELSEN. FREDENSBORG ApS
Personnel
1 person
Established
1980
Domicile
Asminderød
Company form
Private limited company
Industry

About ERIK NIELSEN. FREDENSBORG ApS

ERIK NIELSEN. FREDENSBORG ApS (CVR number: 66018717) is a company from FREDENSBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 27.9 % compared to the previous year. The operating profit percentage was at 19.4 % (EBIT: 0.1 mDKK), while net earnings were 318.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK NIELSEN. FREDENSBORG ApS's liquidity measured by quick ratio was 15.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales173.2080.96156.04239.65306.51
Gross profit41.74-21.34-26.33137.48237.06
EBIT- 168.25- 148.28- 148.56-44.8859.58
Net earnings- 131.39431.07- 366.94138.73318.56
Shareholders equity total2 111.922 542.992 176.052 314.792 633.35
Balance sheet total (assets)2 349.732 693.112 366.872 390.352 819.11
Net debt-1 991.73-2 482.52-2 007.62-2 227.32-2 391.72
Profitability
EBIT-%-97.1 %-183.2 %-95.2 %-18.7 %19.4 %
ROA-2.5 %20.8 %4.9 %5.9 %12.9 %
ROE-6.0 %18.5 %-15.6 %6.2 %12.9 %
ROI-2.6 %21.0 %5.0 %6.0 %13.1 %
Economic value added (EVA)- 173.34- 118.69- 145.98-44.6755.67
Solvency
Equity ratio89.9 %94.4 %91.9 %96.8 %93.4 %
Gearing10.6 %4.4 %7.9 %2.6 %4.8 %
Relative net indebtedness %-1141.9 %-3019.2 %-1274.9 %-923.1 %-760.6 %
Liquidity
Quick ratio9.917.912.431.615.2
Current ratio9.917.912.431.615.2
Cash and cash equivalents2 215.512 594.342 180.252 287.772 517.08
Capital use efficiency
Trade debtors turnover (days)11.2307.5248.6293.5
Net working capital %74.8 %18.8 %87.2 %35.0 %94.0 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.