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

CVR number: 29199507
Hybenvænget 5, Hjerting 6710 Esbjerg V

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 -8.9 kDKK in 2023. The operating profit was -8.9 kDKK, while net earnings were 464.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.2 %, 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 2.5 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
2023
Volume
Net sales
Gross profit-6.73-6.88-11.06-9.67-8.88
EBIT-6.73-6.88-11.06-9.67-8.88
Net earnings77.82203.00428.37479.23464.77
Shareholders equity total764.43967.441 310.811 675.632 022.60
Balance sheet total (assets)1 113.081 307.791 567.651 863.122 146.42
Net debt182.64174.35194.80180.99116.70
Profitability
EBIT-%
ROA9.1 %20.3 %33.9 %35.2 %26.4 %
ROE10.0 %23.4 %37.6 %32.1 %25.1 %
ROI10.6 %23.6 %36.8 %35.9 %26.5 %
Economic value added (EVA)20.8030.7337.8844.9756.34
Solvency
Equity ratio68.7 %74.0 %83.6 %89.9 %94.2 %
Gearing23.9 %18.0 %14.9 %10.8 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.91.32.5
Current ratio0.60.60.91.32.5
Cash and cash equivalents0.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:26.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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