FRITEX PACKAGING APS — Credit Rating and Financial Key Figures

FRITEX PACKAGING APS (CVR number: 19948986) is a company from ALLERØD. The company recorded a gross profit of 573 kDKK in 2023. The operating profit was -237.9 kDKK, while net earnings were -193.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRITEX PACKAGING APS's liquidity measured by quick ratio was 2.2 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.