FRIIHOF+SIIG ApS — Credit Rating and Financial Key Figures

CVR number: 38221167
Birk Centerpark 40, Birk 7400 Herning

Credit rating

Company information

Official name
FRIIHOF+SIIG ApS
Personnel
8 persons
Established
2016
Domicile
Birk
Company form
Private limited company
Industry

About FRIIHOF+SIIG ApS

FRIIHOF+SIIG ApS (CVR number: 38221167) is a company from HERNING. The company recorded a gross profit of 3812.9 kDKK in 2024. The operating profit was 627 kDKK, while net earnings were 439.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRIIHOF+SIIG ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 421.383 672.373 183.053 717.893 812.87
EBIT1 060.731 036.97325.80802.66626.95
Net earnings802.61772.86204.17602.72439.81
Shareholders equity total1 007.49930.35414.521 017.23957.05
Balance sheet total (assets)2 770.273 076.342 221.762 175.002 757.74
Net debt-1 631.05-1 401.44-33.98- 426.04- 737.22
Profitability
EBIT-%
ROA44.1 %35.5 %12.3 %36.5 %25.5 %
ROE88.6 %79.8 %30.4 %84.2 %44.6 %
ROI107.1 %85.6 %35.1 %91.7 %54.8 %
Economic value added (EVA)777.86742.52172.97589.39413.87
Solvency
Equity ratio36.4 %30.2 %18.7 %46.8 %34.7 %
Gearing13.8 %37.3 %39.8 %15.2 %17.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.20.91.41.2
Current ratio1.61.41.21.91.5
Cash and cash equivalents1 769.741 748.32199.16580.87901.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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