ERIK NIELSEN, KALUNDBORG ApS — Credit Rating and Financial Key Figures

ERIK NIELSEN, KALUNDBORG ApS (CVR number: 50721728) is a company from KALUNDBORG. The company recorded a gross profit of 401.7 kDKK in 2024. The operating profit was 439.2 kDKK, while net earnings were 198.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERIK NIELSEN, KALUNDBORG ApS's liquidity measured by quick ratio was 2.4 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.