Frichs Pyrolysis ApS — Credit Rating and Financial Key Figures

Frichs Pyrolysis ApS (CVR number: 40922865) is a company from HORSENS. The company recorded a gross profit of 4862.4 kDKK in 2023. The operating profit was -7845.9 kDKK, while net earnings were -7657.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -86.1 %, which can be considered poor and Return on Equity (ROE) was -170.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Frichs Pyrolysis ApS's liquidity measured by quick ratio was 1.4 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.