FRODE RASMUSSENS EFTF. ApS — Credit Rating and Financial Key Figures

FRODE RASMUSSENS EFTF. ApS (CVR number: 16616001) is a company from RØDOVRE. The company recorded a gross profit of 9081.5 kDKK in 2023. The operating profit was 592.6 kDKK, while net earnings were 313.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.2 %, 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. FRODE RASMUSSENS EFTF. ApS's liquidity measured by quick ratio was 1.5 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.