ERLING BÆK HOLDING ApS — Credit Rating and Financial Key Figures

ERLING BÆK HOLDING ApS (CVR number: 10063663) is a company from MIDDELFART. The company recorded a gross profit of 647.1 kDKK in 2023. The operating profit was 69.9 kDKK, while net earnings were 2262.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERLING BÆK HOLDING ApS's liquidity measured by quick ratio was 5.7 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.