Frihavnssmeden ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 347.28 | 702.29 | 515.43 | 524.19 | 1 044.73 |
Gross profit | 107.27 | 480.17 | 312.08 | 299.14 | 510.13 |
EBIT | - 116.28 | 259.59 | 57.44 | - 141.77 | 60.07 |
Net earnings | - 119.90 | 226.57 | 40.34 | - 145.87 | 58.85 |
Shareholders equity total | 39.85 | 266.42 | 306.76 | 160.89 | 219.74 |
Balance sheet total (assets) | 160.07 | 491.71 | 478.64 | 395.70 | 395.32 |
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) | - 111.86 | 235.81 | 48.28 | - 130.39 | 75.08 |
Solvency | |||||
Equity ratio | 24.9 % | 54.2 % | 64.1 % | 40.7 % | 55.6 % |
Gearing | |||||
Relative net indebtedness % | 13.6 % | -18.4 % | -28.1 % | 6.1 % | -8.1 % |
Liquidity | |||||
Quick ratio | 0.9 | 2.0 | 2.6 | 1.6 | 2.1 |
Current ratio | 0.9 | 2.0 | 2.6 | 1.6 | 2.1 |
Cash and cash equivalents | 73.14 | 354.77 | 316.77 | 202.76 | 260.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.5 | 44.8 | 85.1 | 105.3 | 35.0 |
Net working capital % | -2.2 % | 32.9 % | 54.3 % | 25.6 % | 19.1 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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