FRID-NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 10078814
Landsdommervej 5, 2400 København NV

Company information

Official name
FRID-NIELSEN ApS
Established
2001
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales- 144.33240.06-1.58-11.25
Gross profit- 158.16225.17-15.26-44.82-32.59
EBIT- 158.16225.17-15.26-44.82-32.59
Net earnings-37.34261.87131.21- 198.78167.04
Shareholders equity total1 039.111 190.381 208.59895.42944.65
Balance sheet total (assets)1 049.161 203.001 234.28906.42949.65
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)- 123.78208.05-17.31-43.60-32.81
Solvency
Equity ratio99.0 %99.0 %97.9 %98.8 %99.5 %
Gearing0.2 %0.4 %0.3 %
Relative net indebtedness %548.0 %-393.4 %68512.3 %7824.4 %
Liquidity
Quick ratio104.485.443.282.4189.9
Current ratio104.485.443.282.4189.9
Cash and cash equivalents800.96957.061 109.55891.01934.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-207.4 %135.8 %-2700.7 %-1237.4 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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