Bie Larsen Erritsø ApS — Credit Rating and Financial Key Figures

Bie Larsen Erritsø ApS (CVR number: 37695726) is a company from VEJLE. The company recorded a gross profit of 15 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 12.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 111.2 %, which can be considered excellent and Return on Equity (ROE) was 118.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. Bie Larsen Erritsø ApS's liquidity measured by quick ratio was 4.7 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.