KIM FRIMANN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 234.21 | 208.05 | 242.85 | 233.55 | 265.55 |
Gross profit | 34.95 | 34.25 | 38.18 | 41.58 | 40.82 |
EBIT | 3.84 | 4.74 | 7.22 | 8.16 | 4.90 |
Net earnings | 2.63 | 3.70 | 6.21 | 7.16 | 4.69 |
Shareholders equity total | 18.14 | 21.46 | 27.38 | 33.54 | 37.23 |
Balance sheet total (assets) | 65.45 | 66.55 | 70.42 | 69.49 | 68.79 |
Net debt | 3.55 | 5.12 | |||
Profitability | |||||
EBIT-% | 1.6 % | 2.3 % | 3.0 % | 3.5 % | 1.8 % |
ROA | 5.7 % | 7.2 % | 10.5 % | 13.2 % | 9.0 % |
ROE | 15.2 % | 18.7 % | 25.4 % | 23.5 % | 13.3 % |
ROI | 7.3 % | 7.2 % | 10.5 % | 15.7 % | 12.9 % |
Economic value added (EVA) | 2.51 | 3.83 | 6.15 | 5.00 | 2.11 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 48.8 % | 55.1 % |
Gearing | 34.8 % | 28.8 % | |||
Relative net indebtedness % | 11.4 % | 9.2 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | |||
Current ratio | 1.6 | 1.6 | |||
Cash and cash equivalents | 8.11 | 5.61 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.5 | 8.3 | |||
Net working capital % | 6.6 % | 4.8 % | |||
Credit risk | |||||
Credit rating | A | BBB | A | AA | AA |
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