Erik Klippings Vej 1 ApS — Credit Rating and Financial Key Figures

CVR number: 37044415
Figenlunden 15, 8960 Randers SØ

Company information

Official name
Erik Klippings Vej 1 ApS
Established
2015
Company form
Private limited company
Industry

About Erik Klippings Vej 1 ApS

Erik Klippings Vej 1 ApS (CVR number: 37044415) is a company from RANDERS. The company recorded a gross profit of 1462.7 kDKK in 2024. The operating profit was 4556.7 kDKK, while net earnings were 3182.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Erik Klippings Vej 1 ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 324.071 043.431 221.641 269.341 462.67
EBIT1 324.071 043.431 221.641 269.344 556.70
Net earnings698.14962.76536.351 532.463 182.58
Shareholders equity total6 901.577 864.338 400.689 933.1413 115.72
Balance sheet total (assets)30 732.1935 641.3334 889.9936 219.1935 457.08
Net debt14 870.4714 339.2014 347.3913 087.2213 014.26
Profitability
EBIT-%
ROA4.8 %4.9 %3.6 %8.6 %14.5 %
ROE10.7 %13.0 %6.6 %16.7 %27.6 %
ROI5.2 %5.3 %4.0 %9.3 %15.5 %
Economic value added (EVA)-80.21- 659.81- 655.81- 600.361 878.35
Solvency
Equity ratio22.5 %22.1 %24.1 %27.5 %37.0 %
Gearing300.6 %284.1 %257.0 %218.0 %135.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.40.2
Current ratio0.30.30.30.40.2
Cash and cash equivalents5 876.348 001.957 244.578 571.884 735.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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