Fynsk Snedkeri ApS — Credit Rating and Financial Key Figures

Fynsk Snedkeri ApS (CVR number: 38600311) is a company from KERTEMINDE. The company recorded a gross profit of 593.1 kDKK in 2020. The operating profit was 243.2 kDKK, while net earnings were 185.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.2 %, which can be considered excellent and Return on Equity (ROE) was 141.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. Fynsk Snedkeri ApS's liquidity measured by quick ratio was 1.2 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.