Folke Transport ApS — Credit Rating and Financial Key Figures

Folke Transport ApS (CVR number: 36952857) is a company from FREDERIKSBERG. The company recorded a gross profit of 466.5 kDKK in 2018. The operating profit was 88.2 kDKK, while net earnings were 79.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.1 %, which can be considered excellent and Return on Equity (ROE) was 65.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Folke Transport ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.