KNUD ERICHSEN & CO. TRANSPORT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 290.01 | 3 409.92 | 3 286.67 | 2 780.59 | 2 137.47 |
EBIT | 642.83 | 824.98 | 640.22 | 108.85 | - 592.40 |
Net earnings | 486.05 | 617.16 | 483.70 | 125.83 | - 401.23 |
Shareholders equity total | 1 011.99 | 1 629.15 | 1 998.45 | 2 006.48 | 1 483.25 |
Balance sheet total (assets) | 6 148.67 | 5 378.26 | 5 586.26 | 4 712.67 | 4 016.98 |
Net debt | -2 485.66 | -2 405.73 | -3 031.48 | -2 172.97 | -1 702.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 14.3 % | 11.7 % | 3.2 % | -11.8 % |
ROE | 63.2 % | 46.7 % | 26.7 % | 6.3 % | -23.0 % |
ROI | 39.9 % | 48.6 % | 35.3 % | 8.4 % | -29.5 % |
Economic value added (EVA) | 431.65 | 562.32 | 416.96 | -12.96 | - 562.81 |
Solvency | |||||
Equity ratio | 25.2 % | 30.3 % | 35.8 % | 42.6 % | 36.9 % |
Gearing | 57.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.6 | 1.7 | 1.6 |
Current ratio | 1.3 | 1.4 | 1.6 | 1.7 | 1.6 |
Cash and cash equivalents | 3 068.02 | 2 405.73 | 3 031.48 | 2 172.97 | 1 702.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.