FREUND ELEKTRONIK A/S

CVR number: 11790984
Fuglebakken 119, Snestrup 5210 Odense NV
info@freund.dk
tel: 66162944
www.freund.dk

Credit rating

Company information

Official name
FREUND ELEKTRONIK A/S
Personnel
16 persons
Established
1987
Domicile
Snestrup
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FREUND ELEKTRONIK A/S

FREUND ELEKTRONIK A/S (CVR number: 11790984) is a company from ODENSE. The company recorded a gross profit of 8344.1 kDKK in 2023. The operating profit was 1081 kDKK, while net earnings were 670.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 43 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FREUND ELEKTRONIK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 537.586 153.496 852.717 601.508 344.08
EBIT475.63592.30-79.49119.111 081.05
Net earnings325.15365.33-54.92- 113.00670.70
Shareholders equity total1 226.011 491.341 336.421 223.411 894.12
Balance sheet total (assets)7 087.959 635.8111 067.2010 540.609 776.73
Net debt2 614.062 518.224 614.834 283.752 929.37
Profitability
EBIT-%
ROA7.5 %7.7 %0.7 %1.7 %11.5 %
ROE13.9 %26.9 %-3.9 %-8.8 %43.0 %
ROI11.8 %13.4 %1.0 %2.5 %19.6 %
Economic value added (EVA)171.02428.68-74.10142.78769.63
Solvency
Equity ratio59.2 %46.3 %38.9 %39.8 %49.7 %
Gearing259.3 %252.7 %540.6 %384.3 %213.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.80.70.9
Current ratio2.31.81.71.72.1
Cash and cash equivalents565.351 250.602 609.19417.491 113.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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