Frugal Technologies ApS — Credit Rating and Financial Key Figures

Frugal Technologies ApS (CVR number: 38568809) is a company from AALBORG. The company recorded a gross profit of 464.3 kDKK in 2024. The operating profit was -10.1 mDKK, while net earnings were -9571.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -63.3 %, which can be considered poor and Return on Equity (ROE) was -103 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Frugal Technologies ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.