FREDSØ VOGNMANDSFORRETNING ApS — Credit Rating and Financial Key Figures

FREDSØ VOGNMANDSFORRETNING ApS (CVR number: 82010610) is a company from MORSØ. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 1642 kDKK, while net earnings were 99.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 16.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREDSØ VOGNMANDSFORRETNING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.