Fri BikeShop Køge A/S — Credit Rating and Financial Key Figures

Fri BikeShop Køge A/S (CVR number: 44122855) is a company from KØGE. The company recorded a gross profit of 2463.7 kDKK in 2023. The operating profit was -1840.5 kDKK, while net earnings were -1263.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fri BikeShop Køge A/S's liquidity measured by quick ratio was 1.1 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.