ERICSSON DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERICSSON DANMARK A/S
ERICSSON DANMARK A/S (CVR number: 62580828) is a company from KØBENHAVN. The company reported a net sales of 763.1 mDKK in 2024, demonstrating a decline of -2.1 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 52.9 mDKK), while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERICSSON DANMARK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 123.94 | 1 108.84 | 779.61 | 763.13 | |
Gross profit | 76.39 | 99.77 | 78.11 | 71.28 | |
EBIT | 0.02 | 0.03 | 83.06 | 64.83 | 52.88 |
Net earnings | 21.94 | 30.44 | 22.16 | 14.68 | |
Shareholders equity total | 111.33 | 133.28 | 142.72 | 158.94 | 145.75 |
Balance sheet total (assets) | 475.25 | 451.86 | 462.20 | 533.30 | |
Net debt | 141.09 | 99.00 | 173.67 | 247.52 | |
Profitability | |||||
EBIT-% | 0.0 % | 7.5 % | 8.3 % | 6.9 % | |
ROA | 1.9 % | 21.3 % | 15.5 % | 11.6 % | |
ROE | 9.0 % | 22.1 % | 14.7 % | 9.6 % | |
ROI | 3.2 % | 37.5 % | 24.5 % | 15.8 % | |
Economic value added (EVA) | 0.02 | -5.57 | 50.35 | 37.71 | 24.01 |
Solvency | |||||
Equity ratio | 100.0 % | 28.0 % | 31.6 % | 34.4 % | 27.3 % |
Gearing | 105.9 % | 69.4 % | 109.3 % | 169.8 % | |
Relative net indebtedness % | 29.6 % | 27.8 % | 38.6 % | 50.5 % | |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.4 | 1.2 | |
Current ratio | 1.4 | 1.5 | 1.5 | 1.4 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 104.2 | 103.0 | 179.9 | 187.7 | |
Net working capital % | 12.7 % | 12.8 % | 20.6 % | 19.4 % | |
Credit risk | |||||
Credit rating | B | BBB | BBB | BBB | BBB |
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