FRINOVA A/S — Credit Rating and Financial Key Figures

FRINOVA A/S (CVR number: 70144417K) is a company from AABENRAA. The company recorded a gross profit of 26.5 mDKK in 2017. The operating profit was 8078.2 kDKK, while net earnings were 12.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRINOVA A/S's liquidity measured by quick ratio was 11.1 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.