ERIK SANDVEI HOLDING A/S. SØNDERBORG — Credit Rating and Financial Key Figures

CVR number: 10423104
Frejasvej 2, 6400 Sønderborg
eriksandvei@3mail.dk
tel: 74420028

Company information

Official name
ERIK SANDVEI HOLDING A/S. SØNDERBORG
Personnel
3 persons
Established
1986
Company form
Limited company
Industry

About ERIK SANDVEI HOLDING A/S. SØNDERBORG

ERIK SANDVEI HOLDING A/S. SØNDERBORG (CVR number: 10423104) is a company from SØNDERBORG. The company recorded a gross profit of -417.1 kDKK in 2020. The operating profit was -972.4 kDKK, while net earnings were 8645.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK SANDVEI HOLDING A/S. SØNDERBORG's liquidity measured by quick ratio was 51.5 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit- 273.79- 276.60- 288.98- 338.84- 417.11
EBIT- 563.96- 416.80- 548.58- 841.44- 972.44
Net earnings4 260.931 794.8210 590.70- 321.908 645.63
Shareholders equity total96 833.4498 528.26108 118.96107 697.06116 242.69
Balance sheet total (assets)99 998.5199 157.48110 464.43107 940.57118 542.96
Net debt-89 050.89-93 924.26- 109 933.31- 107 420.04- 118 003.22
Profitability
EBIT-%
ROA5.3 %4.0 %10.9 %1.4 %9.8 %
ROE4.4 %1.8 %10.3 %-0.3 %7.7 %
ROI5.4 %4.0 %11.0 %1.4 %9.9 %
Economic value added (EVA)- 439.11- 210.36- 427.43- 571.52- 772.20
Solvency
Equity ratio96.8 %99.4 %97.9 %99.8 %98.1 %
Gearing2.6 %0.4 %0.0 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio29.2150.9380.4443.351.5
Current ratio29.2150.9380.4443.351.5
Cash and cash equivalents91 568.0694 305.71109 934.70107 421.43118 077.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBBA

Variable visualization

ROA:9.80%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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