ERLING KORSGAARD INVEST ApS — Credit Rating and Financial Key Figures

ERLING KORSGAARD INVEST ApS (CVR number: 50818810) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 191.3 kDKK in 2023. The operating profit was 174 kDKK, while net earnings were 533.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERLING KORSGAARD INVEST ApS's liquidity measured by quick ratio was 5.6 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.