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

ERLING CHRISTENSEN MØBLER A/S (CVR number: 75082517) is a company from HJØRRING. The company recorded a gross profit of 18.6 mDKK in 2024. The operating profit was 1247.1 kDKK, while net earnings were 15.3 mDKK. 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 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. ERLING CHRISTENSEN MØBLER A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.