ERLING G. NIELSEN, FJERRITSLEV HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 51987918
Jernbanegade 32, 9690 Fjerritslev

Credit rating

Company information

Official name
ERLING G. NIELSEN, FJERRITSLEV HOLDING ApS
Established
1974
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About ERLING G. NIELSEN, FJERRITSLEV HOLDING ApS

ERLING G. NIELSEN, FJERRITSLEV HOLDING ApS (CVR number: 51987918) is a company from JAMMERBUGT. The company recorded a gross profit of -4.3 kDKK in 2023. The operating profit was -4.3 kDKK, while net earnings were 4965.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING G. NIELSEN, FJERRITSLEV HOLDING ApS's liquidity measured by quick ratio was 29 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
20192020202120222023
Volume
Net sales
Gross profit-2.98-3.53-4.88-4.22-4.33
EBIT-2.98-3.53-4.88-4.22-4.33
Net earnings2 929.823 890.113 036.04-3 523.544 965.21
Shareholders equity total24 938.7628 718.8731 641.9128 004.3732 852.58
Balance sheet total (assets)24 951.2629 686.4032 819.7728 696.4233 955.29
Net debt-21 961.56-26 849.83-30 243.58-25 579.22-30 559.01
Profitability
EBIT-%
ROA12.5 %18.4 %13.2 %2.8 %17.1 %
ROE12.5 %14.5 %10.1 %-11.8 %16.3 %
ROI12.5 %18.7 %13.5 %2.8 %17.1 %
Economic value added (EVA)-61.37-51.10-1.1844.815.52
Solvency
Equity ratio99.9 %96.7 %96.4 %97.6 %96.8 %
Gearing1.6 %2.4 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio1 834.928.726.338.729.0
Current ratio1 834.928.726.338.729.0
Cash and cash equivalents21 961.5626 849.8330 749.3526 258.7831 649.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:17.1%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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