ERLING RASMUSSEN BIL A/S — Credit Rating and Financial Key Figures

ERLING RASMUSSEN BIL A/S (CVR number: 11965776) is a company from NYBORG. The company recorded a gross profit of -23.8 kDKK in 2024. The operating profit was -23.8 kDKK, while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERLING RASMUSSEN BIL A/S's liquidity measured by quick ratio was 1.9 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.