Festkrudt ApS — Credit Rating and Financial Key Figures

Festkrudt ApS (CVR number: 43027123) is a company from AARHUS. The company recorded a gross profit of 59.1 kDKK in 2022. The operating profit was 1.9 kDKK, while net earnings were 16.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. Festkrudt 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.