FRICHS ENERGY A/S — Credit Rating and Financial Key Figures

FRICHS ENERGY A/S (CVR number: 31598699) is a company from HORSENS. The company recorded a gross profit of 1487.1 kDKK in 2023. The operating profit was 428.6 kDKK, while net earnings were 850.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 64.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. FRICHS ENERGY A/S'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.