ERIK NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31479746
Vægtervej 3, Faarup 7900 Nykøbing M

Company information

Official name
ERIK NØRGAARD HOLDING ApS
Established
2008
Domicile
Faarup
Company form
Private limited company
Industry

About ERIK NØRGAARD HOLDING ApS

ERIK NØRGAARD HOLDING ApS (CVR number: 31479746) is a company from MORSØ. The company recorded a gross profit of -11.4 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were 5994.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 181.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.13-7.51-10.13-10.82-11.40
EBIT-5.13-7.51-10.13-10.82-11.40
Net earnings2 631.424 290.703 014.064 010.325 994.57
Shareholders equity total19 290.6423 331.3325 982.3929 628.3235 255.09
Balance sheet total (assets)19 295.1423 458.4926 998.0629 636.3135 412.60
Net debt-9 063.90-12 775.38-18 402.63-18 567.22-26 278.10
Profitability
EBIT-%
ROA16.3 %20.9 %19.4 %14.4 %19.7 %
ROE14.6 %20.1 %12.2 %14.4 %18.5 %
ROI16.3 %20.9 %19.9 %14.7 %19.8 %
Economic value added (EVA)218.3926.81156.29341.0561.41
Solvency
Equity ratio100.0 %99.5 %96.2 %100.0 %99.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3 023.9128.519.22 900.2181.1
Current ratio3 023.9128.519.22 900.2181.1
Cash and cash equivalents9 063.9012 775.3818 402.6318 567.2226 278.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:19.7%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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