ERAVS FINANS ApS — Credit Rating and Financial Key Figures

ERAVS FINANS ApS (CVR number: 88712218) is a company from DRAGØR. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 14.8 % compared to the previous year. The operating profit percentage was at 29 % (EBIT: 0.4 mDKK), while net earnings were 214.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. ERAVS FINANS ApS's liquidity measured by quick ratio was 2.1 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.