FOLMER OLSEN BEGRAVELSESFORRETNING ApS — Credit Rating and Financial Key Figures

FOLMER OLSEN BEGRAVELSESFORRETNING ApS (CVR number: 17002694) is a company from AALBORG. The company recorded a gross profit of 4170.2 kDKK in 2023. The operating profit was 2047.6 kDKK, while net earnings were 1594 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.6 %, which can be considered excellent and Return on Equity (ROE) was 50.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. FOLMER OLSEN BEGRAVELSESFORRETNING ApS's liquidity measured by quick ratio was 2.9 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.