ERIK MADSEN ApS — Credit Rating and Financial Key Figures

ERIK MADSEN ApS (CVR number: 56801219) is a company from EGEDAL. The company recorded a gross profit of 99.1 kDKK in 2023. The operating profit was -99.4 kDKK, while net earnings were -111 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERIK MADSEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.