FOTE Holding ApS — Credit Rating and Financial Key Figures

FOTE Holding ApS (CVR number: 39397277) is a company from GULDBORGSUND. The company recorded a gross profit of -1.6 kDKK in 2022. The operating profit was -1.6 kDKK, while net earnings were 605.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FOTE Holding ApS's liquidity measured by quick ratio was 2.2 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.