ERLING SPARRE HOLDING ApS — Credit Rating and Financial Key Figures

ERLING SPARRE HOLDING ApS (CVR number: 29516057) is a company from HADERSLEV. The company recorded a gross profit of 9.2 kDKK in 2017. The operating profit was 9.2 kDKK, while net earnings were -21.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERLING SPARRE HOLDING ApS's liquidity measured by quick ratio was 9.2 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.