AAGE FRANDSEN RIBE ApS — Credit Rating and Financial Key Figures

AAGE FRANDSEN RIBE ApS (CVR number: 12698836) is a company from ESBJERG. The company recorded a gross profit of -15.2 kDKK in 2023. The operating profit was -15.2 kDKK, while net earnings were -621.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.4 %, which can be considered excellent but Return on Equity (ROE) was -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AAGE FRANDSEN RIBE ApS's liquidity measured by quick ratio was 9.3 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.