Frigaarden ApS — Credit Rating and Financial Key Figures

Frigaarden ApS (CVR number: 37258725) is a company from FAXE. The company recorded a gross profit of 2827.3 kDKK in 2023. The operating profit was -645.6 kDKK, while net earnings were -489.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -90.3 %, which can be considered poor and Return on Equity (ROE) was -93.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frigaarden ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.