FRANK NEDERGAARD TRANSPORT ApS — Credit Rating and Financial Key Figures

FRANK NEDERGAARD TRANSPORT ApS (CVR number: 36458763) is a company from Brønderslev. The company recorded a gross profit of 1142.6 kDKK in 2023. The operating profit was 187 kDKK, while net earnings were 102.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. FRANK NEDERGAARD TRANSPORT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.