Fri Bikeshop Assens ApS — Credit Rating and Financial Key Figures

Fri Bikeshop Assens ApS (CVR number: 39658909) is a company from ASSENS. The company recorded a gross profit of 1200.5 kDKK in 2023. The operating profit was 130.4 kDKK, while net earnings were 72.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. Fri Bikeshop Assens ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.