ERIK DAM A/S — Credit Rating and Financial Key Figures

CVR number: 20801298
Åkrogs Strandvej 51 C, 8240 Risskov
tel: 86171726

Company information

Official name
ERIK DAM A/S
Personnel
1 person
Established
1998
Company form
Limited company
Industry

About ERIK DAM A/S

ERIK DAM A/S (CVR number: 20801298) is a company from AARHUS. The company recorded a gross profit of 3934.4 kDKK in 2024. The operating profit was 3485.7 kDKK, while net earnings were 2626.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60 %, 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. ERIK DAM A/S's liquidity measured by quick ratio was 0 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 sales4 491.964 358.33
Gross profit3 864.133 814.363 654.284 679.313 934.42
EBIT3 491.933 439.463 264.054 196.073 485.73
Net earnings5 019.134 455.17696.864 821.232 626.78
Shareholders equity total31 277.7635 232.9335 429.7939 751.0341 877.81
Balance sheet total (assets)72 387.1279 746.2970 559.4673 585.5869 832.88
Net debt18 924.1722 604.7812 494.1011 629.149 855.56
Profitability
EBIT-%77.7 %78.9 %
ROA10.0 %8.3 %5.7 %9.5 %5.3 %
ROE17.3 %13.4 %2.0 %12.8 %6.4 %
ROI11.1 %9.2 %6.3 %10.5 %5.8 %
Economic value added (EVA)- 852.31- 810.88-1 177.86- 211.32- 397.81
Solvency
Equity ratio43.9 %44.8 %51.1 %55.0 %60.0 %
Gearing66.5 %71.2 %48.5 %39.2 %24.1 %
Relative net indebtedness %576.3 %701.9 %
Liquidity
Quick ratio0.51.20.80.60.0
Current ratio0.41.00.70.50.0
Cash and cash equivalents1 881.802 463.984 676.013 951.89219.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-99.2 %3.8 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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