KNUD ERICHSEN & CO. TRANSPORT A/S — Credit Rating and Financial Key Figures

CVR number: 15003979
Mindet 1, 8000 Aarhus C
knuderichsen@erico.dk
tel: 86133033

Company information

Official name
KNUD ERICHSEN & CO. TRANSPORT A/S
Personnel
7 persons
Established
1990
Company form
Limited company
Industry

About KNUD ERICHSEN & CO. TRANSPORT A/S

KNUD ERICHSEN & CO. TRANSPORT A/S (CVR number: 15003979) is a company from AARHUS. The company recorded a gross profit of 2137.5 kDKK in 2024. The operating profit was -592.4 kDKK, while net earnings were -401.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.8 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. KNUD ERICHSEN & CO. TRANSPORT A/S's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 290.013 409.923 286.672 780.592 137.47
EBIT642.83824.98640.22108.85- 592.40
Net earnings486.05617.16483.70125.83- 401.23
Shareholders equity total1 011.991 629.151 998.452 006.481 483.25
Balance sheet total (assets)6 148.675 378.265 586.264 712.674 016.98
Net debt-2 485.66-2 405.73-3 031.48-2 172.97-1 702.20
Profitability
EBIT-%
ROA12.1 %14.3 %11.7 %3.2 %-11.8 %
ROE63.2 %46.7 %26.7 %6.3 %-23.0 %
ROI39.9 %48.6 %35.3 %8.4 %-29.5 %
Economic value added (EVA)431.65562.32416.96-12.96- 562.81
Solvency
Equity ratio25.2 %30.3 %35.8 %42.6 %36.9 %
Gearing57.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.61.71.6
Current ratio1.31.41.61.71.6
Cash and cash equivalents3 068.022 405.733 031.482 172.971 702.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-11.8%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.9%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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