Frihjul ApS — Credit Rating and Financial Key Figures

CVR number: 37843466
Havnegade 47 A, 1058 København K
pelle@frihjul.dk

Company information

Official name
Frihjul ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Frihjul ApS

Frihjul ApS (CVR number: 37843466) is a company from KØBENHAVN. The company recorded a gross profit of 1976.2 kDKK in 2024. The operating profit was 12.4 mDKK, while net earnings were 9724 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. Frihjul ApS's liquidity measured by quick ratio was 5.7 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 sales
Gross profit1 946.701 866.322 323.541 888.931 976.24
EBIT1 619.941 585.282 192.491 757.8912 376.24
Net earnings1 097.69761.731 585.081 203.929 723.95
Shareholders equity total23 148.8823 910.6125 495.6926 699.6132 598.25
Balance sheet total (assets)31 285.4531 833.8833 136.7034 496.8646 889.30
Net debt2 900.561 278.89- 772.02-3 306.85-5 367.84
Profitability
EBIT-%
ROA5.3 %4.9 %6.8 %5.4 %31.4 %
ROE4.9 %3.2 %6.4 %4.6 %32.8 %
ROI5.4 %5.0 %6.9 %5.5 %32.3 %
Economic value added (EVA)- 199.73- 273.07281.40- 274.688 018.66
Solvency
Equity ratio74.0 %75.1 %76.9 %77.4 %69.5 %
Gearing28.6 %26.5 %24.2 %22.3 %20.4 %
Relative net indebtedness %
Liquidity
Quick ratio19.030.922.022.85.7
Current ratio19.030.922.022.85.7
Cash and cash equivalents3 712.385 048.416 946.929 261.2312 028.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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