ED HEATING A/S — Credit Rating and Financial Key Figures

ED HEATING A/S (CVR number: 17055437) is a company from KOLDING. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was 8054.7 kDKK, while net earnings were 6392.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.4 %, which can be considered excellent and Return on Equity (ROE) was 106.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. ED HEATING A/S's liquidity measured by quick ratio was 2.2 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.