Erigo A/S — Credit Rating and Financial Key Figures

Erigo A/S (CVR number: 40065849) is a company from VIBORG. The company recorded a gross profit of 1313.8 kDKK in 2023. The operating profit was 67.2 kDKK, while net earnings were 281.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -34.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Erigo 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.