Fole-Harreby Smede & VVS ApS — Credit Rating and Financial Key Figures

Fole-Harreby Smede & VVS ApS (CVR number: 66742512) is a company from VEJEN. The company recorded a gross profit of 1695.4 kDKK in 2023. The operating profit was 515.1 kDKK, while net earnings were 401.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.9 %, which can be considered excellent and Return on Equity (ROE) was 48.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.3 %, 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. Fole-Harreby Smede & VVS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.