Erik Friis Holding ApS — Credit Rating and Financial Key Figures

Erik Friis Holding ApS (CVR number: 40398686) is a company from VARDE. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were 347.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Erik Friis Holding ApS's liquidity measured by quick ratio was 2.6 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.