Fangel ApS — Credit Rating and Financial Key Figures

Fangel ApS (CVR number: 16975400) is a company from ODENSE. The company recorded a gross profit of 181.9 kDKK in 2022. The operating profit was -236.9 kDKK, while net earnings were -223 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fangel ApS's liquidity measured by quick ratio was 4.4 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.