Fragt 24/7 ApS — Credit Rating and Financial Key Figures

Fragt 24/7 ApS (CVR number: 39299003) is a company from Høje-Taastrup. The company reported a net sales of 5.3 mDKK in 2020. The operating profit percentage was at 2.8 % (EBIT: 0.1 mDKK), while net earnings were 51 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. Fragt 24/7 ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.