Friborg Equities ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Friborg Equities ApS
Friborg Equities ApS (CVR number: 13237743) is a company from GENTOFTE. The company recorded a gross profit of -327.1 kDKK in 2023. The operating profit was -327.1 kDKK, while net earnings were 43.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 130.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Friborg Equities ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.00 | -78.75 | - 285.94 | - 315.81 | - 327.13 |
EBIT | -10.00 | -78.75 | - 285.94 | - 315.81 | - 327.13 |
Net earnings | 7.71 | 17 678.51 | 43 988.13 | -27 481.80 | 43 180.06 |
Shareholders equity total | 17 718.51 | 44 028.13 | 11 546.33 | 54 726.39 | |
Balance sheet total (assets) | 174 153.74 | 200 313.66 | 185 218.20 | 220 289.65 | |
Net debt | -17 218.00 | -43 343.04 | -3 484.34 | -45 668.43 | |
Profitability | |||||
EBIT-% | |||||
ROA | 134.2 % | 11.1 % | 24.6 % | 1.4 % | 24.3 % |
ROE | 407.7 % | 99.8 % | 142.5 % | -98.9 % | 130.3 % |
ROI | 11.1 % | 24.6 % | 1.4 % | 24.3 % | |
Economic value added (EVA) | -9.61 | -80.90 | 7 545.56 | 7 569.58 | 7 985.36 |
Solvency | |||||
Equity ratio | 10.2 % | 22.0 % | 6.2 % | 24.8 % | |
Gearing | 882.8 % | 354.9 % | 1503.7 % | 302.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 1.1 | 1.3 | |
Current ratio | 1.1 | 1.3 | 1.1 | 1.3 | |
Cash and cash equivalents | 173 628.22 | 199 584.82 | 177 106.20 | 211 181.69 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | BBB | BBB | BBB | BBB |
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