FREDERIKSHAVN ELHANDEL A/S — Credit Rating and Financial Key Figures

FREDERIKSHAVN ELHANDEL A/S (CVR number: 25606426) is a company from FREDERIKSHAVN. The company reported a net sales of 99.1 mDKK in 2023, demonstrating a decline of -54.9 % compared to the previous year. The operating profit percentage was at 9.3 % (EBIT: 9.2 mDKK), while net earnings were 7305 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 46.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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. FREDERIKSHAVN ELHANDEL A/S's liquidity measured by quick ratio was 1.6 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.