FREON ApS — Credit Rating and Financial Key Figures

FREON ApS (CVR number: 33047576) is a company from HELSINGØR. The company recorded a gross profit of 583.1 kDKK in 2023. The operating profit was 70.4 kDKK, while net earnings were 61.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. FREON ApS'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.