ERIK LUND HADSTEN ApS — Credit Rating and Financial Key Figures

CVR number: 30491939
Plutovej 23, 8370 Hadsten

Company information

Official name
ERIK LUND HADSTEN ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About ERIK LUND HADSTEN ApS

ERIK LUND HADSTEN ApS (CVR number: 30491939) is a company from FAVRSKOV. The company recorded a gross profit of 870.6 kDKK in 2022. The operating profit was 235.9 kDKK, while net earnings were 186 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERIK LUND HADSTEN ApS's liquidity measured by quick ratio was 4.1 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit578.31662.16922.861 073.82870.57
EBIT40.3392.38455.13567.71235.86
Net earnings31.4075.62357.94441.45186.04
Shareholders equity total621.48697.101 055.041 496.491 482.54
Balance sheet total (assets)894.271 042.721 577.301 909.261 941.70
Net debt- 201.38- 482.01- 721.07- 290.59- 589.55
Profitability
EBIT-%
ROA4.2 %10.4 %35.4 %33.1 %12.6 %
ROE4.4 %11.5 %40.9 %34.6 %12.5 %
ROI5.3 %14.1 %49.0 %40.4 %14.5 %
Economic value added (EVA)4.1950.56343.98424.68121.90
Solvency
Equity ratio69.5 %66.9 %66.9 %78.4 %76.4 %
Gearing2.0 %2.0 %1.3 %1.6 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.13.43.94.1
Current ratio3.53.13.43.94.1
Cash and cash equivalents214.07495.73735.07315.27602.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:12.6%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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