FRANKS AUTO A/S

FRANKS AUTO A/S (CVR number: 16200093) is a company from VORDINGBORG. The company recorded a gross profit of 105 kDKK in 2023. The operating profit was -35.5 kDKK, while net earnings were 272.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANKS AUTO A/S's liquidity measured by quick ratio was 29.2 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.