Ergoscandic ApS — Credit Rating and Financial Key Figures

Ergoscandic ApS (CVR number: 41518588) is a company from KØGE. The company recorded a gross profit of 678.6 kDKK in 2023. The operating profit was 328.6 kDKK, while net earnings were 256.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 89.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ergoscandic ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.