ERLING KAARE ApS

ERLING KAARE ApS (CVR number: 10245001) is a company from GULDBORGSUND. The company recorded a gross profit of -13.1 kDKK in 2016. The operating profit was -13.1 kDKK, while net earnings were 86.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING KAARE ApS's liquidity measured by quick ratio was 261.7 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.