DEN FRI ApS
Credit rating
Company information
About DEN FRI ApS
DEN FRI ApS (CVR number: 31596432) is a company from FREDERICIA. The company recorded a gross profit of 209.7 kDKK in 2021. The operating profit was -149.5 kDKK, while net earnings were -136.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.8 %, which can be considered poor and Return on Equity (ROE) was -98 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DEN FRI ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 683.86 | 481.28 | 346.09 | 224.65 | 209.66 |
EBIT | 61.93 | -5.17 | -96.23 | -88.70 | - 149.50 |
Net earnings | 48.19 | -1.14 | -73.95 | -67.62 | - 136.11 |
Shareholders equity total | 196.93 | 195.79 | 121.84 | 54.22 | -81.89 |
Balance sheet total (assets) | 356.11 | 328.77 | 222.49 | 265.73 | 223.44 |
Net debt | - 193.63 | - 184.48 | -47.94 | -91.35 | - 100.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.3 % | -0.1 % | -33.4 % | -34.7 % | -50.8 % |
ROE | 27.9 % | -0.6 % | -46.6 % | -76.8 % | -98.0 % |
ROI | 38.0 % | -0.2 % | -58.0 % | -96.3 % | -535.3 % |
Economic value added (EVA) | 47.83 | -5.34 | -77.84 | -74.38 | - 138.33 |
Solvency | |||||
Equity ratio | 55.3 % | 59.6 % | 54.8 % | 20.4 % | -26.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.4 | 2.0 | 1.2 | 0.7 |
Current ratio | 2.1 | 2.4 | 2.2 | 1.3 | 0.7 |
Cash and cash equivalents | 193.63 | 184.48 | 47.94 | 91.35 | 100.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | C |
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