Frennung ApS — Credit Rating and Financial Key Figures

Frennung ApS (CVR number: 44806096) is a company from KØGE. The company recorded a gross profit of 132 kDKK in 2024. The operating profit was -24.7 kDKK, while net earnings were -25.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -109 %, which can be considered poor and Return on Equity (ROE) was -175.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. Frennung ApS's liquidity measured by quick ratio was 2.8 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.