Frøsigs Autoværksted ApS — Credit Rating and Financial Key Figures

Frøsigs Autoværksted ApS (CVR number: 35408274) is a company from FAXE. The company recorded a gross profit of 6098.4 kDKK in 2023. The operating profit was 1501.1 kDKK, while net earnings were 1168.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.4 %, which can be considered excellent and Return on Equity (ROE) was 109.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. Frøsigs Autoværksted ApS's liquidity measured by quick ratio was 1.4 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.