ERIKSENS MASKINSTATION I SPJALD A/S — Credit Rating and Financial Key Figures

ERIKSENS MASKINSTATION I SPJALD A/S (CVR number: 89960312) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 8418.1 kDKK in 2023. The operating profit was 1654.5 kDKK, while net earnings were 907.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. ERIKSENS MASKINSTATION I SPJALD A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.