FRILØW SHIPSALE ApS

CVR number: 19389189
Fuglsang Holm 9, Tjørring 7400 Herning
shipsale@frilow.dk
tel: 40343480
www.frilow.dk

Credit rating

Company information

Official name
FRILØW SHIPSALE ApS
Established
1996
Domicile
Tjørring
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About FRILØW SHIPSALE ApS

FRILØW SHIPSALE ApS (CVR number: 19389189) is a company from HERNING. The company recorded a gross profit of 552.9 kDKK in 2022. The operating profit was 450.6 kDKK, while net earnings were 410.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRILØW SHIPSALE ApS's liquidity measured by quick ratio was 9.6 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
20182019202020212022
Volume
Net sales
Gross profit691.24406.14406.14438.86552.86
EBIT429.38163.18163.18256.62450.61
Net earnings404.794.834.83288.03410.08
Shareholders equity total1 735.411 704.461 704.461 879.492 175.17
Balance sheet total (assets)2 026.871 976.821 976.822 153.992 427.05
Net debt-1 884.88-1 723.47-1 723.47-2 147.68-2 379.27
Profitability
EBIT-%
ROA28.6 %8.2 %8.3 %18.4 %23.7 %
ROE25.5 %0.3 %0.3 %16.1 %20.2 %
ROI30.6 %8.6 %8.5 %20.1 %26.7 %
Economic value added (EVA)343.50139.17135.83211.43364.37
Solvency
Equity ratio85.6 %86.2 %86.2 %87.3 %89.6 %
Gearing7.7 %12.0 %12.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.07.37.37.89.6
Current ratio7.07.37.37.89.6
Cash and cash equivalents2 018.141 928.431 928.432 147.682 379.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCCBB

Variable visualization

ROA:23.7%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.6%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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