FAVES ApS — Credit Rating and Financial Key Figures

FAVES ApS (CVR number: 38400614) is a company from GENTOFTE. The company recorded a gross profit of 640 kDKK in 2023. The operating profit was 42.9 kDKK, while net earnings were -25 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -51.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FAVES ApS'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.