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 1.1 mDKK in 2024, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 0 mDKK), while net earnings were 23 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. Frihavnssmeden ApS's liquidity measured by quick ratio was 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 702.29 | 515.43 | 524.19 | 1 044.73 | 1 092.35 |
Gross profit | 480.17 | 312.08 | 299.14 | 510.13 | 461.56 |
EBIT | 259.59 | 57.44 | - 141.77 | 60.07 | 22.85 |
Net earnings | 226.57 | 40.34 | - 145.87 | 58.85 | 23.02 |
Shareholders equity total | 266.42 | 306.76 | 160.89 | 219.74 | 242.76 |
Balance sheet total (assets) | 491.71 | 478.64 | 395.70 | 395.32 | 389.77 |
Net debt | - 354.77 | - 316.77 | - 202.76 | - 260.21 | - 186.47 |
Profitability | |||||
EBIT-% | 37.0 % | 11.1 % | -27.0 % | 5.7 % | 2.1 % |
ROA | 79.7 % | 11.8 % | -32.4 % | 15.2 % | 5.9 % |
ROE | 148.0 % | 14.1 % | -62.4 % | 30.9 % | 10.0 % |
ROI | 169.5 % | 20.0 % | -60.6 % | 31.6 % | 9.5 % |
Economic value added (EVA) | 226.62 | 30.97 | - 157.18 | 51.99 | 11.80 |
Solvency | |||||
Equity ratio | 54.2 % | 64.1 % | 40.7 % | 55.6 % | 62.3 % |
Gearing | 10.6 % | ||||
Relative net indebtedness % | -18.4 % | -28.1 % | 6.1 % | -8.1 % | -6.0 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.6 | 1.6 | 2.1 | 2.5 |
Current ratio | 2.0 | 2.6 | 1.6 | 2.1 | 2.5 |
Cash and cash equivalents | 354.77 | 316.77 | 202.76 | 260.21 | 212.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.8 | 85.1 | 105.3 | 35.0 | 49.3 |
Net working capital % | 32.9 % | 54.3 % | 25.6 % | 19.1 % | 20.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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