ERICSSONS RIDEUDSTYR ApS — Credit Rating and Financial Key Figures

ERICSSONS RIDEUDSTYR ApS (CVR number: 32441416) is a company from HELSINGØR. The company recorded a gross profit of 521.1 kDKK in 2023. The operating profit was 486.5 kDKK, while net earnings were 364.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. ERICSSONS RIDEUDSTYR ApS's liquidity measured by quick ratio was 0.1 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.