FOTOKÆDEN ApS — Credit Rating and Financial Key Figures

FOTOKÆDEN ApS (CVR number: 31208114) is a company from VEJLE. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 69 % (EBIT: 0.7 mDKK), while net earnings were 443.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 32 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. FOTOKÆDEN ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.