Frenico Holding A/S — Credit Rating and Financial Key Figures

Frenico Holding A/S (CVR number: 41866713K) is a company from ODENSE. The company recorded a gross profit of 86.2 mDKK in 2022. The operating profit was 25.4 mDKK, while net earnings were 15.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. Frenico Holding A/S'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.