FruGrundig IVS — Credit Rating and Financial Key Figures

FruGrundig IVS (CVR number: 37905747) is a company from KALUNDBORG. The company recorded a gross profit of 303.7 kDKK in 2019. The operating profit was 37.4 kDKK, while net earnings were 28.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.4 %, which can be considered excellent and Return on Equity (ROE) was 103.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FruGrundig IVS's liquidity measured by quick ratio was 1.6 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.