KIM FRIMANN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28121792
Energivej 2, 4800 Nykøbing F

Company information

Official name
KIM FRIMANN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About KIM FRIMANN HOLDING ApS

KIM FRIMANN HOLDING ApS (CVR number: 28121792K) is a company from GULDBORGSUND. The company reported a net sales of 265.6 mDKK in 2023, demonstrating a growth of 13.7 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 4.9 mDKK), while net earnings were 4692.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. KIM FRIMANN HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales234.21208.05242.85233.55265.55
Gross profit34.9534.2538.1841.5840.82
EBIT3.844.747.228.164.90
Net earnings2.633.706.217.164.69
Shareholders equity total18.1421.4627.3833.5437.23
Balance sheet total (assets)65.4566.5570.4269.4968.79
Net debt3.555.12
Profitability
EBIT-%1.6 %2.3 %3.0 %3.5 %1.8 %
ROA5.7 %7.2 %10.5 %13.2 %9.0 %
ROE15.2 %18.7 %25.4 %23.5 %13.3 %
ROI7.3 %7.2 %10.5 %15.7 %12.9 %
Economic value added (EVA)2.513.836.155.002.11
Solvency
Equity ratio100.0 %100.0 %100.0 %48.8 %55.1 %
Gearing34.8 %28.8 %
Relative net indebtedness %11.4 %9.2 %
Liquidity
Quick ratio0.60.7
Current ratio1.61.6
Cash and cash equivalents8.115.61
Capital use efficiency
Trade debtors turnover (days)6.58.3
Net working capital %6.6 %4.8 %
Credit risk
Credit ratingABBBAAAAA

Variable visualization

ROA:8.96%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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