ERICSSON DANMARK A/S — Credit Rating and Financial Key Figures

ERICSSON DANMARK A/S (CVR number: 62580828) is a company from KØBENHAVN. The company reported a net sales of 779.6 mDKK in 2023, demonstrating a decline of -29.7 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 64.8 mDKK), while net earnings were 22.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. ERICSSON DANMARK A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.