ERIK MØLGAARD VVS A/S — Credit Rating and Financial Key Figures

ERIK MØLGAARD VVS A/S (CVR number: 10062985) is a company from HERNING. The company recorded a gross profit of 2795.3 kDKK in 2024. The operating profit was -1268 kDKK, while net earnings were -1403 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -111.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.2 %, 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. ERIK MØLGAARD VVS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.