Festkanonen ApS — Credit Rating and Financial Key Figures

Festkanonen ApS (CVR number: 38965255) is a company from RANDERS. The company recorded a gross profit of 15.8 kDKK in 2024. The operating profit was -29.9 kDKK, while net earnings were -34.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.5 %, which can be considered poor and Return on Equity (ROE) was -64.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Festkanonen ApS's liquidity measured by quick ratio was 2.3 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.