AAGE ERSLEV A/S — Credit Rating and Financial Key Figures

AAGE ERSLEV A/S (CVR number: 57960728) is a company from SLAGELSE. The company recorded a gross profit of 337.3 kDKK in 2017. The operating profit was -3907.4 kDKK, while net earnings were 4144.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.3 %, which can be considered poor but Return on Equity (ROE) was 79.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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. AAGE ERSLEV A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.