The Folk ApS — Credit Rating and Financial Key Figures

The Folk ApS (CVR number: 44373165) is a company from KOLDING. The company recorded a gross profit of 117.4 kDKK in 2024. The operating profit was -225.3 kDKK, while net earnings were -225.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59 %, which can be considered poor and Return on Equity (ROE) was -114.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Folk ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.