ENTREPRENØR KURT FRANDSEN & SØN A/S — Credit Rating and Financial Key Figures

ENTREPRENØR KURT FRANDSEN & SØN A/S (CVR number: 10982340) is a company from SVENDBORG. The company recorded a gross profit of 2531.3 kDKK in 2023. The operating profit was 967.3 kDKK, while net earnings were 1734 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ENTREPRENØR KURT FRANDSEN & SØN A/S's liquidity measured by quick ratio was 16.5 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.