M.J. ERIKSSON HOLDING A/S — Credit Rating and Financial Key Figures

M.J. ERIKSSON HOLDING A/S (CVR number: 24209016K) is a company from BRØNDBY. The company reported a net sales of 2958.1 mDKK in 2023, demonstrating a decline of -4 % compared to the previous year. The operating profit percentage was at 8.4 % (EBIT: 248.7 mDKK), while net earnings were 205.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M.J. ERIKSSON HOLDING A/S's liquidity measured by quick ratio was 1.9 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.