NTG FRIGO A/S

NTG FRIGO A/S (CVR number: 33876033) is a company from HVIDOVRE. The company recorded a gross profit of 13.2 mDKK in 2023. The operating profit was 5043.1 kDKK, while net earnings were 4043.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 68.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NTG FRIGO A/S'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.