FRECECO ApS — Credit Rating and Financial Key Figures

CVR number: 31325536
Alexandriagade 8, 2150 Nordhavn

Company information

Official name
FRECECO ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About FRECECO ApS

FRECECO ApS (CVR number: 31325536K) is a company from KØBENHAVN. The company reported a net sales of 1.3 mDKK in 2023. The operating profit percentage was poor at -493.8 % (EBIT: -6.7 mDKK), while net earnings were 952.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRECECO ApS's liquidity measured by quick ratio was 59.3 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
2019
2020
2021
2022
2023
Volume
Net sales1 347.00
Gross profit- 718.00-1 415.00- 438.00-3 015.00-4 502.00
EBIT- 718.00-1 415.00- 438.00-3 015.00-6 651.00
Net earnings2 244 523.001 849 155.004 166 470.00-4 455 430.00952 794.00
Shareholders equity total3 036 200.005 008 274.009 459 924.004 854 493.005 657 287.00
Balance sheet total (assets)3 070 058.005 108 037.009 460 375.004 857 864.005 736 200.00
Net debt-3 811 309.00-4 473 406.00
Profitability
EBIT-%-493.8 %
ROA-0.0 %-0.0 %-0.0 %-1.0 %18.6 %
ROE73.9 %46.0 %57.6 %-62.3 %18.1 %
ROI-0.0 %-0.0 %-0.0 %-1.0 %18.8 %
Economic value added (EVA)- 718.00- 153 984.05- 252 103.77- 478 301.10-17 191.63
Solvency
Equity ratio100.0 %100.0 %100.0 %99.9 %96.7 %
Gearing0.0 %0.0 %
Relative net indebtedness %-326260.8 %
Liquidity
Quick ratio1 168.259.3
Current ratio1 168.259.3
Cash and cash equivalents3 811 332.004 473 646.00
Capital use efficiency
Trade debtors turnover (days)106.0
Net working capital %19264.5 %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:18.6%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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