FRANK MEINCKE ApS — Credit Rating and Financial Key Figures

FRANK MEINCKE ApS (CVR number: 30987489) is a company from ODENSE. The company recorded a gross profit of 6149.5 kDKK in 2023. The operating profit was 1698.3 kDKK, while net earnings were 1274 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 95.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. FRANK MEINCKE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.