Frilunds Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frilunds Holding 2 ApS
Frilunds Holding 2 ApS (CVR number: 40588353) is a company from HILLERØD. The company recorded a gross profit of -4.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were -682 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.6 %, which can be considered poor and Return on Equity (ROE) was -74.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frilunds Holding 2 ApS's liquidity measured by quick ratio was 116.8 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.00 | -4.29 | -2.80 | -4.20 | -4.55 |
| EBIT | -5.00 | -4.29 | -2.80 | -4.20 | -4.55 |
| Net earnings | - 140.31 | 561.25 | 120.98 | 98.67 | - 682.05 |
| Shareholders equity total | 480.04 | 1 041.29 | 1 162.27 | 1 260.94 | 578.89 |
| Balance sheet total (assets) | 489.55 | 1 793.15 | 1 456.61 | 1 268.63 | 583.89 |
| Net debt | 9.51 | 731.13 | - 212.68 | - 360.89 | -38.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -20.2 % | 48.6 % | 7.5 % | 7.4 % | -73.6 % |
| ROE | -23.2 % | 73.8 % | 11.0 % | 8.1 % | -74.1 % |
| ROI | -22.4 % | 48.9 % | 7.6 % | 7.4 % | -74.1 % |
| Economic value added (EVA) | -3.03 | 21.92 | 20.78 | 20.87 | 19.23 |
| Solvency | |||||
| Equity ratio | 98.1 % | 58.1 % | 79.8 % | 99.4 % | 99.1 % |
| Gearing | 2.0 % | 70.7 % | 24.9 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 1.4 | 3.0 | 76.9 | 116.8 |
| Current ratio | 0.1 | 1.4 | 3.0 | 76.9 | 116.8 |
| Cash and cash equivalents | 4.78 | 501.95 | 360.89 | 38.33 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BB |
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