Fyns Festfyrværkeri ApS — Credit Rating and Financial Key Figures

Fyns Festfyrværkeri ApS (CVR number: 35394990) is a company from ODENSE. The company recorded a gross profit of -33 kDKK in 2023. The operating profit was -33 kDKK, while net earnings were -48.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, 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. Fyns Festfyrværkeri ApS's liquidity measured by quick ratio was 2.4 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.