Fredsted Studio A/S — Credit Rating and Financial Key Figures

Fredsted Studio A/S (CVR number: 37344273) is a company from AARHUS. The company recorded a gross profit of 4378.6 kDKK in 2023. The operating profit was -1120.4 kDKK, while net earnings were -1438.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fredsted Studio A/S's liquidity measured by quick ratio was 1.3 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.