Frinova Holding ApS — Credit Rating and Financial Key Figures

Frinova Holding ApS (CVR number: 40671978K) is a company from AABENRAA. The company recorded a gross profit of 36.7 mDKK in 2021. The operating profit was 6541.3 kDKK, while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frinova Holding ApS's liquidity measured by quick ratio was 4.1 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.