Frigortek Consulting IVS — Credit Rating and Financial Key Figures

Frigortek Consulting IVS (CVR number: 39510502) is a company from FREDERICIA. The company recorded a gross profit of 129.3 kDKK in 2019. The operating profit was 13.5 kDKK, while net earnings were 6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -1.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frigortek Consulting IVS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.