FREJ Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39406152
Nibevej 225, 9200 Aalborg SV

Company information

Official name
FREJ Holding ApS
Established
2018
Company form
Private limited company
Industry

About FREJ Holding ApS

FREJ Holding ApS (CVR number: 39406152) is a company from AALBORG. The company recorded a gross profit of -23.6 kDKK in 2023. The operating profit was -23.6 kDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREJ Holding ApS's liquidity measured by quick ratio was 1.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-21.88-21.88-21.88-22.50-23.63
EBIT-21.88-21.88-21.88-22.50-23.63
Net earnings2 988.833 806.888 371.079 133.0811 633.03
Shareholders equity total73 146.8873 736.9378 858.0084 741.0894 874.12
Balance sheet total (assets)76 026.1988 144.6796 351.0992 137.67100 918.57
Net debt-3 713.905 809.099 090.731 904.86- 384.18
Profitability
EBIT-%
ROA4.0 %4.9 %9.4 %10.0 %12.4 %
ROE4.1 %5.2 %11.0 %11.2 %13.0 %
ROI4.1 %5.2 %10.3 %10.8 %13.2 %
Economic value added (EVA)1 011.27990.981 710.192 305.851 443.53
Solvency
Equity ratio96.2 %83.7 %81.8 %92.0 %94.0 %
Gearing1.0 %8.2 %11.6 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.60.20.20.61.1
Current ratio1.60.20.20.61.1
Cash and cash equivalents4 476.59206.2241.08190.07384.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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