FRECECO ApS — Credit Rating and Financial Key Figures

CVR number: 31325536
Hauser Plads 20, 1127 København K

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 5.4 mDKK in 2024, demonstrating a growth of 303.2 % compared to the previous year. The operating profit percentage was poor at -1973.3 % (EBIT: -107.2 mDKK), while net earnings were 1302.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.7 %, 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 30.1 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 sales1 347.005 431.00
Gross profit-4 502.00- 893.00
EBIT- 438.00-3 075.00-6 651.00- 107 168.00
Net earnings1 849 155.004 166 470.00-4 455 430.00952 794.001 302 642.00
Shareholders equity total5 008 274.009 459 924.004 854 493.005 657 287.006 894 929.00
Balance sheet total (assets)5 108 037.009 460 375.004 857 864.005 736 200.007 604 987.00
Net debt-4 473 406.00-4 568 872.00
Profitability
EBIT-%-493.8 %-1973.3 %
ROA-0.0 %-0.0 %18.6 %11.0 %
ROE57.6 %-62.3 %18.1 %20.8 %
ROI-0.0 %-0.0 %18.8 %11.2 %
Economic value added (EVA)- 152 569.05- 252 103.77- 478 436.18- 250 527.46- 360 380.01
Solvency
Equity ratio100.0 %100.0 %98.6 %90.7 %
Gearing0.0 %0.0 %
Relative net indebtedness %-326260.8 %-80172.8 %
Liquidity
Quick ratio59.330.1
Current ratio59.330.1
Cash and cash equivalents4 473 646.004 569 113.00
Capital use efficiency
Trade debtors turnover (days)106.095.8
Net working capital %19264.5 %36126.9 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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