ERD Holding ApS — Credit Rating and Financial Key Figures

ERD Holding ApS (CVR number: 40984003K) is a company from KØBENHAVN. The company reported a net sales of 382.9 mDKK in 2023, demonstrating a decline of -12.1 % compared to the previous year. The operating profit percentage was at 27.3 % (EBIT: 104.5 mDKK), while net earnings were 122.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 53.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. ERD Holding ApS's liquidity measured by quick ratio was 4.9 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.