Frinova Holding ApS — Credit Rating and Financial Key Figures

Frinova Holding ApS (CVR number: 40671978) is a company from AABENRAA. The company recorded a gross profit of -632.4 kDKK in 2023. The operating profit was -1635.5 kDKK, while net earnings were 9129.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, 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 95.8 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.