Frank Halvorsen, 555 Farsø ApS — Credit Rating and Financial Key Figures

Frank Halvorsen, 555 Farsø ApS (CVR number: 36985313) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3166.2 kDKK in 2023. The operating profit was 11 kDKK, while net earnings were -151.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was -46.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frank Halvorsen, 555 Farsø ApS's liquidity measured by quick ratio was 39.5 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.