FRID-NIELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRID-NIELSEN ApS
FRID-NIELSEN ApS (CVR number: 10078814) is a company from KØBENHAVN. The company recorded a gross profit of -32.6 kDKK in 2023, demonstrating a growth of 27.3 % compared to the previous year. The operating profit was -32.6 kDKK, while net earnings were 167 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRID-NIELSEN ApS's liquidity measured by quick ratio was 189.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 144.33 | 240.06 | -1.58 | -11.25 | |
Gross profit | - 158.16 | 225.17 | -15.26 | -44.82 | -32.59 |
EBIT | - 158.16 | 225.17 | -15.26 | -44.82 | -32.59 |
Net earnings | -37.34 | 261.87 | 131.21 | - 198.78 | 167.04 |
Shareholders equity total | 1 039.11 | 1 190.38 | 1 208.59 | 895.42 | 944.65 |
Balance sheet total (assets) | 1 049.16 | 1 203.00 | 1 234.28 | 906.42 | 949.65 |
Net debt | - 799.21 | - 952.30 | -1 106.38 | - 891.01 | - 934.29 |
Profitability | |||||
EBIT-% | 93.8 % | ||||
ROA | -1.4 % | 23.8 % | 13.9 % | 4.8 % | 18.0 % |
ROE | -3.4 % | 23.5 % | 10.9 % | -18.9 % | 18.2 % |
ROI | -1.4 % | 24.0 % | 14.1 % | 4.8 % | 18.2 % |
Economic value added (EVA) | - 123.78 | 208.05 | -17.31 | -43.60 | -32.81 |
Solvency | |||||
Equity ratio | 99.0 % | 99.0 % | 97.9 % | 98.8 % | 99.5 % |
Gearing | 0.2 % | 0.4 % | 0.3 % | ||
Relative net indebtedness % | 548.0 % | -393.4 % | 68512.3 % | 7824.4 % | |
Liquidity | |||||
Quick ratio | 104.4 | 85.4 | 43.2 | 82.4 | 189.9 |
Current ratio | 104.4 | 85.4 | 43.2 | 82.4 | 189.9 |
Cash and cash equivalents | 800.96 | 957.06 | 1 109.55 | 891.01 | 934.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -207.4 % | 135.8 % | -2700.7 % | -1237.4 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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