FRANK´S SNITGRØNT ApS — Credit Rating and Financial Key Figures

FRANK´S SNITGRØNT ApS (CVR number: 27912184) is a company from HEDENSTED. The company recorded a gross profit of 198 kDKK in 2020. The operating profit was 101.5 kDKK, while net earnings were 132.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. FRANK´S SNITGRØNT ApS's liquidity measured by quick ratio was 4.7 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.