Frigg Odense ApS — Credit Rating and Financial Key Figures

Frigg Odense ApS (CVR number: 42902926) is a company from ODENSE. The company recorded a gross profit of 455.7 kDKK in 2024. The operating profit was 813.2 kDKK, while net earnings were 444.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 55.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Frigg Odense ApS's liquidity measured by quick ratio was 1.7 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.