Frihavnssmeden ApS — Credit Rating and Financial Key Figures

CVR number: 38253743
Østersøvej 115, 2150 Nordhavn

Credit rating

Company information

Official name
Frihavnssmeden ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Frihavnssmeden ApS

Frihavnssmeden ApS (CVR number: 38253743) is a company from KØBENHAVN. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 99.3 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 0.1 mDKK), while net earnings were 58.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 30.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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. Frihavnssmeden ApS's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales347.28702.29515.43524.191 044.73
Gross profit107.27480.17312.08299.14510.13
EBIT- 116.28259.5957.44- 141.7760.07
Net earnings- 119.90226.5740.34- 145.8758.85
Shareholders equity total39.85266.42306.76160.89219.74
Balance sheet total (assets)160.07491.71478.64395.70395.32
Net debt-73.14- 354.77- 316.77- 202.76- 260.21
Profitability
EBIT-%-33.5 %37.0 %11.1 %-27.0 %5.7 %
ROA-54.7 %79.7 %11.8 %-32.4 %15.2 %
ROE-120.1 %148.0 %14.1 %-62.4 %30.9 %
ROI-116.5 %169.5 %20.0 %-60.6 %31.6 %
Economic value added (EVA)- 111.86235.8148.28- 130.3975.08
Solvency
Equity ratio24.9 %54.2 %64.1 %40.7 %55.6 %
Gearing
Relative net indebtedness %13.6 %-18.4 %-28.1 %6.1 %-8.1 %
Liquidity
Quick ratio0.92.02.61.62.1
Current ratio0.92.02.61.62.1
Cash and cash equivalents73.14354.77316.77202.76260.21
Capital use efficiency
Trade debtors turnover (days)23.544.885.1105.335.0
Net working capital %-2.2 %32.9 %54.3 %25.6 %19.1 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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