ERLING PEDERSEN & SØNNER ApS — Credit Rating and Financial Key Figures

ERLING PEDERSEN & SØNNER ApS (CVR number: 31579899) is a company from KERTEMINDE. The company recorded a gross profit of 1936 kDKK in 2023. The operating profit was -64.7 kDKK, while net earnings were -53.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. ERLING PEDERSEN & SØNNER ApS's liquidity measured by quick ratio was 1.6 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.