ERLING NIELSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures

ERLING NIELSEN AUTOMOBILER A/S (CVR number: 47505410) is a company from GRIBSKOV. The company recorded a gross profit of -194 kDKK in 2023. The operating profit was -1094 kDKK, while net earnings were 7357 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING NIELSEN AUTOMOBILER A/S's liquidity measured by quick ratio was 8.5 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.