Fraxx Danmark A/S — Credit Rating and Financial Key Figures

Fraxx Danmark A/S (CVR number: 42645788) is a company from SKIVE. The company recorded a gross profit of -15.5 kDKK in 2023. The operating profit was -63.7 kDKK, while net earnings were -63.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fraxx Danmark A/S's liquidity measured by quick ratio was 4.9 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.