FREJA PROPERTY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREJA PROPERTY ApS
FREJA PROPERTY ApS (CVR number: 33782667) is a company from HADERSLEV. The company recorded a gross profit of 1983.3 kDKK in 2023. The operating profit was -399.2 kDKK, while net earnings were 2217.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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. FREJA PROPERTY ApS's liquidity measured by quick ratio was 5.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 639.18 | 1 518.09 | 2 541.74 | 2 175.01 | 1 983.26 |
EBIT | 2 061.22 | 4 880.07 | 8 925.93 | 995.98 | - 399.22 |
Net earnings | 1 328.27 | 3 241.51 | 6 315.28 | 1 298.11 | 2 217.91 |
Shareholders equity total | 13 490.33 | 16 731.84 | 23 047.12 | 22 345.23 | 24 563.14 |
Balance sheet total (assets) | 45 183.86 | 52 075.08 | 62 145.84 | 49 795.81 | 57 222.29 |
Net debt | 27 448.29 | 30 123.27 | 31 883.84 | 21 955.98 | 20 757.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | 10.4 % | 15.9 % | 5.6 % | 6.0 % |
ROE | 10.4 % | 21.5 % | 31.8 % | 5.7 % | 9.5 % |
ROI | 5.6 % | 10.5 % | 16.1 % | 5.6 % | 6.1 % |
Economic value added (EVA) | 168.32 | 1 813.59 | 4 691.45 | -1 863.53 | -2 475.71 |
Solvency | |||||
Equity ratio | 29.9 % | 32.2 % | 37.1 % | 44.9 % | 42.9 % |
Gearing | 211.3 % | 185.7 % | 145.6 % | 103.9 % | 119.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.7 | 3.5 | 3.2 | 4.8 | 5.4 |
Current ratio | 4.5 | 3.4 | 3.2 | 4.9 | 5.4 |
Cash and cash equivalents | 1 052.47 | 947.77 | 1 673.45 | 1 250.23 | 8 493.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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