ERLING JESSEN ApS — Credit Rating and Financial Key Figures

ERLING JESSEN ApS (CVR number: 28674147) is a company from VIBORG. The company recorded a gross profit of 410 kDKK in 2023. The operating profit was 92 kDKK, while net earnings were -12.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ERLING JESSEN ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.