FRIGOSCANDIA DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIGOSCANDIA DENMARK A/S
FRIGOSCANDIA DENMARK A/S (CVR number: 17026518) is a company from AALBORG. The company reported a net sales of 98.3 mDKK in 2024, demonstrating a growth of 2.5 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0.9 mDKK), while net earnings were -736.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRIGOSCANDIA DENMARK A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 81.03 | 78.92 | 102.82 | 95.86 | 98.30 |
Gross profit | -8.03 | 9.52 | 11.48 | 14.45 | 15.70 |
EBIT | -21.06 | 0.39 | -0.07 | 1.30 | 0.88 |
Net earnings | -21.59 | 0.39 | -1.03 | 2.94 | -0.74 |
Shareholders equity total | 6.23 | 6.62 | 5.59 | 8.53 | 7.79 |
Balance sheet total (assets) | 41.79 | 14.97 | 25.69 | 34.74 | 22.04 |
Net debt | 23.69 | 0.30 | 2.78 | 12.85 | 3.81 |
Profitability | |||||
EBIT-% | -26.0 % | 0.5 % | -0.1 % | 1.4 % | 0.9 % |
ROA | -23.6 % | 2.7 % | 0.5 % | 7.0 % | 3.4 % |
ROE | -126.8 % | 6.1 % | -16.9 % | 41.7 % | -9.0 % |
ROI | -28.8 % | 4.0 % | 0.8 % | 10.8 % | 5.3 % |
Economic value added (EVA) | -22.02 | 0.08 | -0.33 | 1.02 | 0.30 |
Solvency | |||||
Equity ratio | 14.9 % | 44.2 % | 21.8 % | 24.6 % | 35.4 % |
Gearing | 380.1 % | 23.8 % | 184.7 % | 175.0 % | 74.9 % |
Relative net indebtedness % | 43.9 % | 8.9 % | 12.2 % | 25.2 % | 12.4 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.8 | 1.3 | 1.3 | 1.5 |
Current ratio | 1.2 | 1.8 | 1.3 | 1.3 | 1.5 |
Cash and cash equivalents | 1.28 | 7.54 | 2.08 | 2.02 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.8 | 43.1 | 47.0 | 57.8 | 48.5 |
Net working capital % | 7.5 % | 8.3 % | 5.4 % | 7.3 % | 6.7 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.