ERIK OLESENS EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK OLESENS EJENDOMSSELSKAB A/S
ERIK OLESENS EJENDOMSSELSKAB A/S (CVR number: 21263613) is a company from KØBENHAVN. The company recorded a gross profit of -1444 kDKK in 2024. The operating profit was -2236.7 kDKK, while net earnings were 24.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK OLESENS EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 68 229.43 | 34 252.46 | -22 202.47 | -12 948.48 | -1 444.00 |
EBIT | 67 824.43 | 33 847.46 | -23 207.47 | -13 653.48 | -2 236.72 |
Net earnings | 87 766.81 | 61 602.41 | -49 432.54 | -13 899.58 | 24 620.02 |
Shareholders equity total | 575 174.68 | 636 948.92 | 572 516.38 | 554 616.80 | 579 236.82 |
Balance sheet total (assets) | 678 568.96 | 738 233.56 | 669 660.81 | 630 979.74 | 581 534.10 |
Net debt | 48 280.80 | 43 285.58 | 65 637.83 | -63 129.48 | -1 396.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.5 % | 10.2 % | -8.1 % | -2.1 % | 4.5 % |
ROE | 16.5 % | 10.2 % | -8.2 % | -2.5 % | 4.3 % |
ROI | 16.7 % | 10.3 % | -8.1 % | -2.1 % | 4.6 % |
Economic value added (EVA) | 23 717.29 | -7 814.66 | -50 948.04 | -44 176.96 | -31 560.82 |
Solvency | |||||
Equity ratio | 84.8 % | 86.3 % | 87.0 % | 87.9 % | 99.6 % |
Gearing | 9.9 % | 8.5 % | 11.5 % | 7.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.3 | 10.7 | 1.6 | 2.2 |
Current ratio | 1.5 | 2.3 | 8.2 | 1.6 | 2.2 |
Cash and cash equivalents | 8 589.05 | 11 132.88 | 104 540.29 | 1 396.52 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | BBB | A | A |
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