FRECON A/S — Credit Rating and Financial Key Figures

CVR number: 29417318
Egeskovvej 2 B, Tolstrup 8700 Horsens
mail@frecon.dk
tel: 72170369
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Credit rating

Company information

Official name
FRECON A/S
Personnel
22 persons
Established
2006
Domicile
Tolstrup
Company form
Limited company
Industry

About FRECON A/S

FRECON A/S (CVR number: 29417318) is a company from HORSENS. The company recorded a gross profit of 19.6 mDKK in 2024. The operating profit was 648.6 kDKK, while net earnings were 335.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. FRECON A/S's liquidity measured by quick ratio was 5.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 114.0022 932.0030 967.0022 993.0019 588.80
EBIT-2 665.004 621.001 635.00-1 879.00648.59
Net earnings-2 143.003 560.00874.00-1 432.00335.90
Shareholders equity total4 728.007 488.006 362.003 430.003 765.61
Balance sheet total (assets)12 295.0018 977.0014 543.0014 076.0015 265.32
Net debt-5 579.00-4 844.00- 236.00-1 756.00-7 646.66
Profitability
EBIT-%
ROA-20.9 %29.6 %9.8 %-12.0 %4.8 %
ROE-34.0 %58.3 %12.6 %-29.2 %9.3 %
ROI-36.5 %62.2 %21.3 %-34.2 %19.5 %
Economic value added (EVA)-2 478.633 366.09784.58-1 792.72305.28
Solvency
Equity ratio38.5 %39.5 %43.7 %24.4 %47.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.81.82.01.45.3
Current ratio1.81.82.01.41.5
Cash and cash equivalents5 579.004 844.00236.001 756.007 646.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.77%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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