ERIK JENSEN HOLDING, GRINDSTED A/S — Credit Rating and Financial Key Figures

ERIK JENSEN HOLDING, GRINDSTED A/S (CVR number: 27227058) is a company from BILLUND. The company recorded a gross profit of -88.2 kDKK in 2020. The operating profit was -88.2 kDKK, while net earnings were 549.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK JENSEN HOLDING, GRINDSTED A/S's liquidity measured by quick ratio was 27.7 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.