Fahrenheit Project ApS — Credit Rating and Financial Key Figures

Fahrenheit Project ApS (CVR number: 40666478) is a company from ODDER. The company recorded a gross profit of 563.2 kDKK in 2023. The operating profit was 342.4 kDKK, while net earnings were -694.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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. Fahrenheit Project ApS's liquidity measured by quick ratio was 2.1 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.