K. ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29199507
Hybenvænget 5, Hjerting 6710 Esbjerg V

Credit rating

Company information

Official name
K. ERIKSEN HOLDING ApS
Established
2005
Domicile
Hjerting
Company form
Private limited company
Industry

About K. ERIKSEN HOLDING ApS

K. ERIKSEN HOLDING ApS (CVR number: 29199507) is a company from ESBJERG. The company recorded a gross profit of -12.6 kDKK in 2024. The operating profit was -12.6 kDKK, while net earnings were 232.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 2.1 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 profit-6.88-11.06-9.67-8.88-12.57
EBIT-6.88-11.06-9.67-8.88-12.57
Net earnings203.00428.37479.23464.77232.42
Shareholders equity total967.441 310.811 675.632 022.602 133.03
Balance sheet total (assets)1 307.791 567.651 863.122 146.422 280.37
Net debt174.35194.80180.99116.70140.66
Profitability
EBIT-%
ROA20.3 %33.9 %35.2 %26.4 %15.7 %
ROE23.4 %37.6 %32.1 %25.1 %11.2 %
ROI23.6 %36.8 %35.9 %26.5 %15.7 %
Economic value added (EVA)-54.47-68.43-85.32- 102.17- 120.11
Solvency
Equity ratio74.0 %83.6 %89.9 %94.2 %93.5 %
Gearing18.0 %14.9 %10.8 %5.8 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.32.52.1
Current ratio0.60.91.32.52.1
Cash and cash equivalents0.610.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.5%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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