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: 31325536) is a company from KØBENHAVN. The company recorded a gross profit of -5309 kDKK in 2023. The operating profit was -6330 kDKK, while net earnings were 955.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 18.2 %, 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 60.5 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
2019
2020
2022
2023
Volume
Net sales
Gross profit-2 894.00-5 309.00
EBIT-2 894.00-6 330.00
Net earnings-4 455 109.00955 200.00
Shareholders equity total4 854 815.005 660 015.00
Balance sheet total (assets)4 855 014.005 737 744.00
Net debt-3 804 841.00-4 472 381.00
Profitability
EBIT-%
ROA-1.4 %18.7 %
ROE-91.8 %18.2 %
ROI-1.4 %18.8 %
Economic value added (EVA)- 517.68-2 821.93-21 483.55
Solvency
Equity ratio100.0 %96.7 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio19 803.560.5
Current ratio19 803.560.5
Cash and cash equivalents3 804 864.004 472 621.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBA

Variable visualization

ROA:18.7%
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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