PHILIP FOGED ApS — Credit Rating and Financial Key Figures

PHILIP FOGED ApS (CVR number: 31865700) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -5.3 kDKK in 2023. The operating profit was -5.3 kDKK, while net earnings were 3525.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. PHILIP FOGED 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.