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

CVR number: 85125818
Gl. Stadionvej 50, 9240 Nibe
tel: 98686433
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Company information

Official name
ERIK HOLBECH A/S
Established
1978
Company form
Limited company
Industry

About ERIK HOLBECH A/S

ERIK HOLBECH A/S (CVR number: 85125818) is a company from AALBORG. The company recorded a gross profit of -31.8 kDKK in 2023. The operating profit was -31.8 kDKK, while net earnings were -18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK HOLBECH A/S's liquidity measured by quick ratio was 13 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 sales158.37195.00382.12
Gross profit107.54127.21292.21117.34-31.76
EBIT86.90106.57271.57113.90-31.76
Net earnings53.8868.58198.1660.56-18.44
Shareholders equity total580.59569.16702.32649.88517.04
Balance sheet total (assets)1 743.011 762.111 904.95853.10560.23
Net debt750.98703.93538.27- 849.88- 550.63
Profitability
EBIT-%54.9 %54.7 %71.1 %
ROA5.0 %6.1 %14.8 %8.3 %-1.8 %
ROE8.9 %11.9 %31.2 %9.0 %-3.2 %
ROI5.5 %6.9 %16.8 %9.8 %-2.2 %
Economic value added (EVA)-7.3610.77142.797.04-21.71
Solvency
Equity ratio33.3 %32.3 %36.9 %76.2 %92.3 %
Gearing167.9 %171.3 %138.8 %
Relative net indebtedness %591.4 %471.8 %200.1 %
Liquidity
Quick ratio1.31.32.04.213.0
Current ratio1.31.32.04.213.0
Cash and cash equivalents224.02271.07436.73849.88550.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %18.4 %19.7 %50.2 %
Credit risk
Credit ratingAAABBC

Variable visualization

ROA:-1.83%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

Companies in the same industry

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