ERIK THRANE CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

ERIK THRANE CHRISTENSEN HOLDING ApS (CVR number: 27350003) is a company from KALUNDBORG. The company recorded a gross profit of 29.5 kDKK in 2016. The operating profit was 29.5 kDKK, while net earnings were 454.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.4 %, which can be considered excellent and Return on Equity (ROE) was 49.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK THRANE CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 2.5 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.