BETTY & ERLING LERCHE-SIMONSEN ApS — Credit Rating and Financial Key Figures

BETTY & ERLING LERCHE-SIMONSEN ApS (CVR number: 19232433K) is a company from MIDDELFART. The company recorded a gross profit of 18.2 mDKK in 2014. The operating profit was -776 kDKK, while net earnings were -1152 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. BETTY & ERLING LERCHE-SIMONSEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.