Faro Asset Management ApS — Credit Rating and Financial Key Figures

Faro Asset Management ApS (CVR number: 39045044) is a company from FREDERIKSBERG. The company reported a net sales of 5.5 mDKK in 2019, demonstrating a growth of 19.9 % compared to the previous year. The operating profit percentage was at 32.2 % (EBIT: 1.8 mDKK), while net earnings were 1359.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80.5 %, which can be considered excellent and Return on Equity (ROE) was 89.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. Faro Asset Management ApS's liquidity measured by quick ratio was 3 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.