ERWIN HOELGAARD ApS — Credit Rating and Financial Key Figures

ERWIN HOELGAARD ApS (CVR number: 78403217) is a company from FREDENSBORG. The company recorded a gross profit of 289.5 kDKK in 2023. The operating profit was -47.1 kDKK, while net earnings were 281.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERWIN HOELGAARD ApS's liquidity measured by quick ratio was 34.7 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.