FRANDSEN IT CONSULTING ApS — Credit Rating and Financial Key Figures

FRANDSEN IT CONSULTING ApS (CVR number: 31584027) is a company from VEJLE. The company recorded a gross profit of 1299.9 kDKK in 2023. The operating profit was 452.3 kDKK, while net earnings were 351.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.6 %, which can be considered excellent and Return on Equity (ROE) was 106.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. FRANDSEN IT CONSULTING ApS's liquidity measured by quick ratio was 1.7 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.