Fanø Krogaard A/S — Credit Rating and Financial Key Figures

Fanø Krogaard A/S (CVR number: 41090820) is a company from FANØ. The company recorded a gross profit of 12.9 mDKK in 2023. The operating profit was 1103.5 kDKK, while net earnings were 842.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent and Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Fanø Krogaard 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.