ERIK KVISTGAARD ApS — Credit Rating and Financial Key Figures

ERIK KVISTGAARD ApS (CVR number: 25260686) is a company from NYBORG. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were 14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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 KVISTGAARD ApS's liquidity measured by quick ratio was 1.6 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.