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

CVR number: 20801298
Nicoline Kochs Plads 5, 8000 Aarhus C
tel: 86171726

Company information

Official name
ERIK DAM A/S
Personnel
2 persons
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 4679.3 kDKK in 2023. The operating profit was 4196.1 kDKK, while net earnings were 4821.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 493.744 491.964 358.33
Gross profit3 924.373 864.133 814.363 654.284 679.31
EBIT3 591.873 491.933 439.463 264.054 196.07
Net earnings2 574.865 019.134 455.17696.864 821.23
Shareholders equity total26 758.6331 277.7635 232.9335 429.7939 751.03
Balance sheet total (assets)68 432.9372 387.1279 746.2970 559.4673 585.58
Net debt18 040.8318 924.1722 604.7812 494.1011 629.14
Profitability
EBIT-%79.9 %77.7 %78.9 %
ROA6.1 %10.0 %8.3 %5.7 %9.5 %
ROE10.0 %17.3 %13.4 %2.0 %12.8 %
ROI6.7 %11.1 %9.2 %6.3 %10.5 %
Economic value added (EVA)1 035.51317.73392.79225.24945.81
Solvency
Equity ratio39.8 %43.9 %44.8 %51.1 %55.0 %
Gearing73.4 %66.5 %71.2 %48.5 %39.2 %
Relative net indebtedness %557.5 %576.3 %701.9 %
Liquidity
Quick ratio0.70.51.20.80.6
Current ratio0.60.41.00.70.5
Cash and cash equivalents1 597.051 881.802 463.984 676.013 951.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-73.3 %-99.2 %3.8 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:9.49%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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