Fremadjo Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41616024
Rødkløvervej 38, 8920 Randers NV

Company information

Official name
Fremadjo Holding ApS
Established
2020
Company form
Private limited company
Industry

About Fremadjo Holding ApS

Fremadjo Holding ApS (CVR number: 41616024) is a company from RANDERS. The company recorded a gross profit of -5.9 kDKK in 2023. The operating profit was -5.9 kDKK, while net earnings were 228.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.8 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fremadjo Holding ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-5.00-5.00-5.00-6.85-5.85
EBIT-5.00-5.00-5.00-6.85-5.85
Net earnings-57.0513.54107.81-0.97228.90
Shareholders equity total343.05356.59464.40349.02577.92
Balance sheet total (assets)348.05366.59479.40371.52605.92
Net debt5.0010.0016.8522.70
Profitability
EBIT-%
ROA-16.4 %3.8 %25.5 %-0.2 %46.8 %
ROE-16.6 %3.9 %26.3 %-0.2 %49.4 %
ROI-16.6 %3.8 %25.8 %-0.2 %47.3 %
Economic value added (EVA)-5.0013.3513.60-2.11-5.25
Solvency
Equity ratio98.6 %97.3 %96.9 %93.9 %95.4 %
Gearing1.4 %2.2 %5.0 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.4
Current ratio0.50.4
Cash and cash equivalents0.650.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:46.8%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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