FRIHEDEN 2008 ApS

CVR number: 31755301
Strandjægervej 10, 2791 Dragør
info@westhouse.dk
tel: 33243120

Credit rating

Company information

Official name
FRIHEDEN 2008 ApS
Personnel
5 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About FRIHEDEN 2008 ApS

FRIHEDEN 2008 ApS (CVR number: 31755301) is a company from DRAGØR. The company recorded a gross profit of 1464 kDKK in 2023. The operating profit was -132.2 kDKK, while net earnings were -128.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. FRIHEDEN 2008 ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 863.111 018.901 737.641 261.631 464.00
EBIT1 272.91- 355.51351.10- 357.06- 132.16
Net earnings994.46- 289.54258.40- 295.25- 128.57
Shareholders equity total1 382.711 093.171 351.571 056.33927.75
Balance sheet total (assets)4 203.843 037.513 454.122 783.772 858.62
Net debt-1 518.23- 170.18-1 049.47129.50190.42
Profitability
EBIT-%
ROA55.8 %-9.4 %10.8 %-11.4 %-4.7 %
ROE112.3 %-23.4 %21.1 %-24.5 %-13.0 %
ROI136.2 %-21.8 %21.0 %-21.8 %-8.0 %
Economic value added (EVA)973.77- 269.63252.28- 279.34- 138.10
Solvency
Equity ratio32.9 %36.0 %39.1 %37.9 %32.5 %
Gearing5.5 %40.6 %20.4 %47.9 %87.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.60.80.60.5
Current ratio1.51.71.71.61.5
Cash and cash equivalents1 594.62613.551 324.94375.97621.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-4.68%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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