FRERST HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27122507
Granvej 15, 2680 Solrød Strand

Credit rating

Company information

Official name
FRERST HOLDING ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About FRERST HOLDING ApS

FRERST HOLDING ApS (CVR number: 27122507) is a company from SOLRØD. The company recorded a gross profit of -102.6 kDKK in 2024. The operating profit was -102.6 kDKK, while net earnings were 936.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRERST HOLDING ApS's liquidity measured by quick ratio was 15.8 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 profit99.70- 256.46- 208.65- 123.87- 102.55
EBIT- 109.48- 451.31- 279.26- 123.87- 102.55
Net earnings- 364.961 044.02-2 080.33979.95936.32
Shareholders equity total12 385.4212 769.459 599.139 479.089 315.40
Balance sheet total (assets)14 236.2613 219.199 646.949 744.549 944.49
Net debt-12 381.18-11 319.54-9 318.65-9 585.44-9 483.33
Profitability
EBIT-%
ROA4.0 %10.5 %0.9 %12.9 %12.4 %
ROE-2.9 %8.3 %-18.6 %10.3 %10.0 %
ROI4.4 %11.5 %0.9 %13.0 %12.6 %
Economic value added (EVA)- 591.27- 345.62- 356.44- 138.55-67.27
Solvency
Equity ratio87.0 %96.6 %99.5 %97.3 %93.7 %
Gearing0.0 %0.0 %1.7 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.529.0201.836.715.8
Current ratio7.529.0201.836.715.8
Cash and cash equivalents12 385.0711 320.789 318.659 744.549 859.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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