Frede Andersen VVS & Bytømreren I/S — Credit Rating and Financial Key Figures

Frede Andersen VVS & Bytømreren I/S (CVR number: 43130617) is a company from AARHUS. The company recorded a gross profit of 3602.1 kDKK in 2023. The operating profit was 3602.1 kDKK, while net earnings were 3599.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.7 %, which can be considered excellent and Return on Equity (ROE) was 305.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. Frede Andersen VVS & Bytømreren I/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.