Frankly Insure ApS — Credit Rating and Financial Key Figures

Frankly Insure ApS (CVR number: 42626449) is a company from KØBENHAVN. The company recorded a gross profit of -475.4 kDKK in 2023. The operating profit was -2056.2 kDKK, while net earnings were -2391.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -139.4 %, which can be considered poor and Return on Equity (ROE) was -273.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Frankly Insure ApS's liquidity measured by quick ratio was 3.8 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.