ERIK MYHRE A/S — Credit Rating and Financial Key Figures

CVR number: 24208656
Allinggårdsvej 33 A, Grauballe 8600 Silkeborg
erik@myhre.dk
tel: 87572233

Credit rating

Company information

Official name
ERIK MYHRE A/S
Personnel
1 person
Established
1999
Domicile
Grauballe
Company form
Limited company
Industry

About ERIK MYHRE A/S

ERIK MYHRE A/S (CVR number: 24208656) is a company from SILKEBORG. The company recorded a gross profit of 455.9 kDKK in 2021. The operating profit was 360.9 kDKK, while net earnings were 352.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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 MYHRE A/S's liquidity measured by quick ratio was 1.9 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit187.63246.57307.61623.77455.86
EBIT111.01170.30198.97546.47360.86
Net earnings30.5569.75155.39443.11352.30
Shareholders equity total794.48864.231 019.621 462.731 815.03
Balance sheet total (assets)2 655.592 575.203 533.683 972.793 804.25
Net debt782.01929.13592.321 690.851 550.85
Profitability
EBIT-%
ROA5.5 %7.7 %9.6 %16.4 %11.9 %
ROE3.9 %8.4 %16.5 %35.7 %21.5 %
ROI6.1 %8.4 %10.5 %18.6 %13.5 %
Economic value added (EVA)83.49136.10138.97451.97222.54
Solvency
Equity ratio29.9 %33.6 %29.1 %36.8 %47.7 %
Gearing207.3 %170.2 %216.1 %131.3 %93.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.41.61.9
Current ratio1.41.51.41.61.9
Cash and cash equivalents864.97541.851 611.22229.35136.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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