FRAK — Credit Rating and Financial Key Figures

FRAK (CVR number: 36297506) is a company from KØBENHAVN. The company recorded a gross profit of -3197.4 kDKK in 2023. The operating profit was -160.4 kDKK, while net earnings were -165.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRAK's liquidity measured by quick ratio was 1.6 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.