FREMDRIFT A/S — Credit Rating and Financial Key Figures

FREMDRIFT A/S (CVR number: 25555848) is a company from AALBORG. The company recorded a gross profit of 93.1 kDKK in 2019. The operating profit was 93.1 kDKK, while net earnings were 124.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 36.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. FREMDRIFT A/S's liquidity measured by quick ratio was 2.9 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.