ERRITSØ A/S — Credit Rating and Financial Key Figures

ERRITSØ A/S (CVR number: 32763219) is a company from ODENSE. The company recorded a gross profit of 525.6 kDKK in 2024. The operating profit was 394.7 kDKK, while net earnings were 301.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ERRITSØ A/S's liquidity measured by quick ratio was 3.5 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.