ERIK FUGL HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK FUGL HOLDING ApS
ERIK FUGL HOLDING ApS (CVR number: 28304994) is a company from ODDER. The company recorded a gross profit of 32.4 kDKK in 2019. The operating profit was 14.6 kDKK, while net earnings were -9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERIK FUGL HOLDING ApS's liquidity measured by quick ratio was 12.2 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -15.16 | 11.48 | 36.09 | 32.40 |
| EBIT | -15.16 | 11.48 | 18.29 | 14.60 |
| Net earnings | -44.12 | -14.65 | -7.56 | -9.77 |
| Shareholders equity total | 1 316.99 | 1 099.94 | 1 047.48 | 955.51 |
| Balance sheet total (assets) | 2 339.16 | 2 117.61 | 2 064.98 | 1 988.29 |
| Net debt | 517.00 | 727.04 | 727.92 | 761.78 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -0.5 % | 0.5 % | 0.9 % | 0.7 % |
| ROE | -3.4 % | -1.2 % | -0.7 % | -1.0 % |
| ROI | -0.5 % | 0.5 % | 0.9 % | 0.7 % |
| Economic value added (EVA) | -14.07 | -83.75 | -73.27 | -74.36 |
| Solvency | ||||
| Equity ratio | 56.3 % | 51.9 % | 50.7 % | 48.1 % |
| Gearing | 75.9 % | 90.9 % | 95.5 % | 104.7 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 33.5 | 27.8 | 25.3 | 12.2 |
| Current ratio | 33.5 | 27.8 | 25.3 | 12.2 |
| Cash and cash equivalents | 483.00 | 272.96 | 272.08 | 238.22 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | A | A | BBB |
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