E.R. FUNCTION TRUCKS ApS — Credit Rating and Financial Key Figures

E.R. FUNCTION TRUCKS ApS (CVR number: 32320007) is a company from IKAST-BRANDE. The company recorded a gross profit of 770.6 kDKK in 2022. The operating profit was 171 kDKK, while net earnings were 116.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. E.R. FUNCTION TRUCKS ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.