FRIGOSCANDIA DENMARK A/S

FRIGOSCANDIA DENMARK A/S (CVR number: 17026518) is a company from AALBORG. The company reported a net sales of 95.9 mDKK in 2023, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 1.3 mDKK), while net earnings were 2942.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 41.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRIGOSCANDIA DENMARK A/S's liquidity measured by quick ratio was 1.3 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.