FRITS HALVORSEN A/S — Credit Rating and Financial Key Figures

FRITS HALVORSEN A/S (CVR number: 50809617) is a company from Brønderslev. The company recorded a gross profit of -601.5 kDKK in 2023. The operating profit was -956.4 kDKK, while net earnings were 15 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRITS HALVORSEN A/S's liquidity measured by quick ratio was 343.8 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.