Erik Andresen ApS — Credit Rating and Financial Key Figures

CVR number: 40620699
Thyrasgade 4, 8260 Viby J
DIGITALPOST@DACAS.DK
tel: 87340366

Company information

Official name
Erik Andresen ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Erik Andresen ApS

Erik Andresen ApS (CVR number: 40620699) is a company from AARHUS. The company recorded a gross profit of 463.3 kDKK in 2022. The operating profit was 391.9 kDKK, while net earnings were 702.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.9 %, 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 Andresen ApS's liquidity measured by quick ratio was 23.5 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
Volume
Net sales
Gross profit593.17366.12465.34463.25
EBIT422.69294.78394.00391.91
Net earnings291.941 591.70- 979.71702.18
Shareholders equity total22 605.0224 196.7222 217.0122 919.19
Balance sheet total (assets)38 511.0740 276.4638 097.3338 944.80
Net debt-3 532.72-5 852.43-1 110.09-2 124.40
Profitability
EBIT-%
ROA1.3 %5.5 %1.3 %3.4 %
ROE1.3 %6.8 %-4.2 %3.1 %
ROI1.3 %5.5 %1.3 %3.4 %
Economic value added (EVA)338.65- 710.05- 590.35- 723.45
Solvency
Equity ratio58.7 %60.1 %58.3 %58.9 %
Gearing65.4 %60.0 %66.9 %64.6 %
Relative net indebtedness %
Liquidity
Quick ratio71.331.223.523.5
Current ratio71.331.223.523.5
Cash and cash equivalents18 309.8220 370.6315 984.3216 921.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:3.40%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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