Frølund Service ApS — Credit Rating and Financial Key Figures

Frølund Service ApS (CVR number: 42256935) is a company from IKAST-BRANDE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 21.7 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0 mDKK), while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 39.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frølund Service ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.