A/S ERICHSEN INVEST. VARDE — Credit Rating and Financial Key Figures

A/S ERICHSEN INVEST. VARDE (CVR number: 81748217) is a company from VARDE. The company recorded a gross profit of 121.5 kDKK in 2023. The operating profit was -998.5 kDKK, while net earnings were 178.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S ERICHSEN INVEST. VARDE's liquidity measured by quick ratio was 1.9 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.