FRIMAND RESEARCH ApS — Credit Rating and Financial Key Figures
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 498.7 kDKK in 2024. The operating profit was -54.5 kDKK, while net earnings were -43 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. FRIMAND RESEARCH ApS's liquidity measured by quick ratio was 2.4 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 | 587.26 | 764.49 | 1 043.95 | 519.43 | 498.73 |
EBIT | -49.45 | 262.59 | 300.79 | -60.56 | -54.53 |
Net earnings | -40.09 | 203.88 | 229.22 | -49.89 | -43.05 |
Shareholders equity total | 238.41 | 329.29 | 444.11 | 276.42 | 111.37 |
Balance sheet total (assets) | 504.01 | 658.74 | 715.71 | 383.31 | 187.06 |
Net debt | - 385.69 | - 136.07 | - 508.68 | - 361.95 | -61.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.4 % | 45.2 % | 43.8 % | -11.0 % | -19.0 % |
ROE | -12.8 % | 71.8 % | 59.3 % | -13.8 % | -22.2 % |
ROI | -15.7 % | 92.5 % | 76.8 % | -16.6 % | -27.9 % |
Economic value added (EVA) | -59.08 | 192.84 | 217.64 | -71.84 | -56.88 |
Solvency | |||||
Equity ratio | 47.3 % | 50.0 % | 62.1 % | 72.1 % | 59.5 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.0 | 2.7 | 3.6 | 2.4 |
Current ratio | 1.9 | 2.0 | 2.7 | 3.6 | 2.4 |
Cash and cash equivalents | 385.71 | 136.07 | 508.68 | 361.95 | 61.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
Variable visualization
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