Frenne Byg ApS — Credit Rating and Financial Key Figures

Frenne Byg ApS (CVR number: 40512349) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 54.6 kDKK in 2022, demonstrating a growth of 0 % compared to the previous year. The operating profit was 54.6 kDKK, while net earnings were 54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.5 %, which can be considered excellent and Return on Equity (ROE) was 50.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. Frenne Byg ApS's liquidity measured by quick ratio was 2.6 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.