ERNGAARD HOLDING APS — Credit Rating and Financial Key Figures

ERNGAARD HOLDING APS (CVR number: 41014520) is a company from HORSENS. The company recorded a gross profit of -6.7 kDKK in 2024. The operating profit was -6.7 kDKK, while net earnings were 357.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 13.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ERNGAARD HOLDING APS's liquidity measured by quick ratio was 67.8 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.