ERLING CHRISTENSEN HØRMESTED ApS — Credit Rating and Financial Key Figures

ERLING CHRISTENSEN HØRMESTED ApS (CVR number: 25298489) is a company from HJØRRING. The company recorded a gross profit of 2619.5 kDKK in 2024. The operating profit was -35.1 kDKK, while net earnings were 62.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. ERLING CHRISTENSEN HØRMESTED ApS'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.