Funtrax ApS

Funtrax ApS (CVR number: 39825228) is a company from SILKEBORG. The company recorded a gross profit of 53.2 kDKK in 2022. The operating profit was 20.3 kDKK, while net earnings were 43.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Funtrax ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.