EDC Askær & Nøhr ApS — Credit Rating and Financial Key Figures

EDC Askær & Nøhr ApS (CVR number: 37851140) is a company from SVENDBORG. The company recorded a gross profit of 2791.9 kDKK in 2023. The operating profit was 245.9 kDKK, while net earnings were 311.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. EDC Askær & Nøhr ApS's liquidity measured by quick ratio was 2.8 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.