Fru Smidt IVS — Credit Rating and Financial Key Figures

Fru Smidt IVS (CVR number: 38660632) is a company from VEJLE. The company recorded a gross profit of -3.8 kDKK in 2019. The operating profit was -3.8 kDKK, while net earnings were -3.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.7 %, which can be considered poor and Return on Equity (ROE) was -111.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fru Smidt IVS's liquidity measured by quick ratio was 4.5 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.