Fray Plast ApS — Credit Rating and Financial Key Figures

Fray Plast ApS (CVR number: 32161820) is a company from ODENSE. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were -12.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.5 %, which can be considered poor and Return on Equity (ROE) was -39.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Fray Plast ApS's liquidity measured by quick ratio was 1.8 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.