FRINOVA A/S — Credit Rating and Financial Key Figures

FRINOVA A/S (CVR number: 70144417) is a company from AABENRAA. The company recorded a gross profit of 5582.7 kDKK in 2023. The operating profit was 3134.5 kDKK, while net earnings were 15.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.1 %, 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 5.8 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.