LUND & ERICHSEN A/S — Credit Rating and Financial Key Figures

LUND & ERICHSEN A/S (CVR number: 16647586) is a company from HERNING. The company recorded a gross profit of 21.3 mDKK in 2023. The operating profit was 1450.5 kDKK, while net earnings were 1183.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 45.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. LUND & ERICHSEN A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.