ERHVERVSAUTO A/S — Credit Rating and Financial Key Figures

ERHVERVSAUTO A/S (CVR number: 10966132) is a company from AALBORG. The company recorded a gross profit of 147.7 kDKK in 2019. The operating profit was 21.7 kDKK, while net earnings were 432.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERHVERVSAUTO A/S's liquidity measured by quick ratio was 13.6 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.