FRIMAND RESEARCH ApS
Credit rating
Company information
About FRIMAND RESEARCH ApS
FRIMAND RESEARCH ApS (CVR number: 31051363) is a company from HALSNÆS. The company recorded a gross profit of 1044 kDKK in 2022. The operating profit was 300.8 kDKK, while net earnings were 229.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.8 %, which can be considered excellent and Return on Equity (ROE) was 59.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRIMAND RESEARCH ApS's liquidity measured by quick ratio was 2.7 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 987.63 | ||||
Gross profit | 828.23 | 724.27 | 587.26 | 764.49 | 1 043.95 |
EBIT | 90.16 | 89.87 | -49.45 | 262.59 | 300.79 |
Net earnings | 68.94 | 69.74 | -40.09 | 203.88 | 229.22 |
Shareholders equity total | 427.36 | 389.10 | 238.41 | 329.29 | 444.11 |
Balance sheet total (assets) | 646.01 | 546.04 | 504.01 | 658.74 | 715.71 |
Net debt | - 446.75 | - 448.56 | - 385.69 | - 136.07 | - 508.68 |
Profitability | |||||
EBIT-% | 9.1 % | ||||
ROA | 13.6 % | 15.1 % | -9.4 % | 45.2 % | 43.8 % |
ROE | 15.5 % | 17.1 % | -12.8 % | 71.8 % | 59.3 % |
ROI | 20.2 % | 21.8 % | -15.7 % | 92.5 % | 76.8 % |
Economic value added (EVA) | 69.33 | 70.71 | -36.33 | 212.22 | 224.48 |
Solvency | |||||
Equity ratio | 66.2 % | 71.3 % | 47.3 % | 50.0 % | 62.1 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | -23.3 % | ||||
Liquidity | |||||
Quick ratio | 3.0 | 3.5 | 1.9 | 2.0 | 2.7 |
Current ratio | 3.0 | 3.6 | 1.9 | 2.0 | 2.7 |
Cash and cash equivalents | 446.75 | 448.56 | 385.71 | 136.07 | 508.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.5 | ||||
Net working capital % | 43.2 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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