Erling Mikkelsen Vejle ApS — Credit Rating and Financial Key Figures

Erling Mikkelsen Vejle ApS (CVR number: 37892114) is a company from HEDENSTED. The company reported a net sales of 0 mDKK in 2024. The operating profit percentage was poor at -18042.7 % (EBIT: -0.2 mDKK), while net earnings were 67.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 0.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Erling Mikkelsen Vejle ApS's liquidity measured by quick ratio was 758.8 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.