Frederiks El & VVS A/S — Credit Rating and Financial Key Figures

Frederiks El & VVS A/S (CVR number: 41984139) is a company from VIBORG. The company recorded a gross profit of 16.3 mDKK in 2023. The operating profit was 906.7 kDKK, while net earnings were 406.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.5 %, 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. Frederiks El & VVS A/S'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.