ERHVERVSPARK MIDT A/S — Credit Rating and Financial Key Figures

ERHVERVSPARK MIDT A/S (CVR number: 34627991) is a company from HERNING. The company recorded a gross profit of -37.4 kDKK in 2023. The operating profit was -37.4 kDKK, while net earnings were 8511 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.9 %, which can be considered poor but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERHVERVSPARK MIDT A/S's liquidity measured by quick ratio was 2.6 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.