FREMCO A/S — Credit Rating and Financial Key Figures

CVR number: 30815416
Ellehammervej 14, 9900 Frederikshavn
tel: 98420133

Credit rating

Company information

Official name
FREMCO A/S
Personnel
24 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About FREMCO A/S

FREMCO A/S (CVR number: 30815416) is a company from FREDERIKSHAVN. The company recorded a gross profit of 43.7 mDKK in 2023. The operating profit was 24.7 mDKK, while net earnings were 19.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 59.2 %, which can be considered excellent and Return on Equity (ROE) was 60.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FREMCO A/S's liquidity measured by quick ratio was 2.5 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
20192020202120222023
Volume
Net sales
Gross profit20 503.7329 198.2836 417.9940 393.2843 732.61
EBIT10 985.8219 393.6624 219.5524 801.3224 721.60
Net earnings8 465.8614 963.7718 774.0719 140.5819 557.04
Shareholders equity total11 338.1516 301.9125 075.9830 216.5634 773.60
Balance sheet total (assets)14 187.1320 367.2029 315.9240 124.8846 585.27
Net debt-4 490.92-6 683.5742.031 798.791 092.30
Profitability
EBIT-%
ROA91.5 %112.3 %97.6 %72.3 %59.2 %
ROE93.0 %108.3 %90.7 %69.2 %60.2 %
ROI118.6 %136.4 %115.4 %87.3 %75.1 %
Economic value added (EVA)8 339.2614 782.9118 411.9818 078.2917 761.31
Solvency
Equity ratio79.9 %80.0 %85.5 %75.3 %75.1 %
Gearing0.4 %0.3 %0.2 %6.1 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.84.92.82.5
Current ratio4.95.26.63.93.8
Cash and cash equivalents4 539.486 732.950.1743.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:59.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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