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 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BETTY & ERLING LERCHE-SIMONSEN ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.