ERLING FRIIS ApS

ERLING FRIIS ApS (CVR number: 72359615) is a company from ESBJERG. The company recorded a gross profit of 1419 kDKK in 2019. The operating profit was 1288.2 kDKK, while net earnings were 1039 kDKK. The profitability of the company measured by Return on Assets (ROA) was 131.6 %, which can be considered excellent and Return on Equity (ROE) was 157.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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 FRIIS ApS's liquidity measured by quick ratio was 4.4 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.