FIRO HOLDING ApS — Credit Rating and Financial Key Figures

FIRO HOLDING ApS (CVR number: 34805199) is a company from HALSNÆS. The company recorded a gross profit of 28.3 kDKK in 2016. The operating profit was -28.3 kDKK, while net earnings were -60.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, 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. FIRO HOLDING ApS's liquidity measured by quick ratio was 1.5 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.