FRUENS BØGE INVEST II ApS — Credit Rating and Financial Key Figures

FRUENS BØGE INVEST II ApS (CVR number: 27465560) is a company from HERNING. The company recorded a gross profit of 2441.3 kDKK in 2019. The operating profit was 2086.9 kDKK, while net earnings were 3237.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.4 %, which can be considered excellent and Return on Equity (ROE) was 48.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FRUENS BØGE INVEST II ApS'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.