ERIK FALS A/S — Credit Rating and Financial Key Figures

ERIK FALS A/S (CVR number: 30083997) is a company from AALBORG. The company recorded a gross profit of 29.9 mDKK in 2023. The operating profit was 3065.8 kDKK, while net earnings were 2333.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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 FALS A/S's liquidity measured by quick ratio was 1.8 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.