FYENS VÆDDELØBSBANE A/S — Credit Rating and Financial Key Figures

FYENS VÆDDELØBSBANE A/S (CVR number: 19965910) is a company from ODENSE. The company reported a net sales of 17.7 mDKK in 2024, demonstrating a growth of 3.3 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 0.8 mDKK), while net earnings were 643.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FYENS VÆDDELØBSBANE A/S's liquidity measured by quick ratio was 2.8 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.