ERLING CHRISTENSEN MØBLER A/S — Credit Rating and Financial Key Figures

ERLING CHRISTENSEN MØBLER A/S (CVR number: 75082517K) is a company from HJØRRING. The company recorded a gross profit of 19.5 mDKK in 2015. The operating profit was 5223.8 kDKK, while net earnings were 5819.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING CHRISTENSEN MØBLER A/S's liquidity measured by quick ratio was 13.7 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.