FREMADREJSER ApS — Credit Rating and Financial Key Figures

CVR number: 18685876
Krusemyntegade 11, 1318 København K
sales@fremadrejser.dk
tel: 33222277

Credit rating

Company information

Official name
FREMADREJSER ApS
Personnel
1 person
Established
1995
Company form
Private limited company
Industry
  • Expand more icon523200

About FREMADREJSER ApS

FREMADREJSER ApS (CVR number: 18685876) is a company from KØBENHAVN. The company recorded a gross profit of 922.4 kDKK in 2023. The operating profit was -280.2 kDKK, while net earnings were -226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.5 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREMADREJSER ApS's liquidity measured by quick ratio was 20.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 177.79877.06461.351 151.69922.39
EBIT76.88399.49417.06126.44- 280.21
Net earnings41.45292.56311.4484.05- 226.67
Shareholders equity total335.98628.54939.981 024.02797.36
Balance sheet total (assets)2 649.69909.161 576.181 664.362 469.90
Net debt- 435.15- 573.79-1 028.64- 925.29-1 171.60
Profitability
EBIT-%
ROA2.6 %22.5 %33.6 %7.8 %-13.5 %
ROE13.1 %60.7 %39.7 %8.6 %-24.9 %
ROI15.9 %72.2 %51.8 %12.7 %-30.3 %
Economic value added (EVA)67.30312.91322.79103.69- 222.78
Solvency
Equity ratio43.1 %76.7 %88.3 %83.7 %87.4 %
Gearing3.7 %1.9 %1.4 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio6.83.711.87.920.3
Current ratio1.02.52.32.51.4
Cash and cash equivalents435.15597.241 046.09939.191 178.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-13.5%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.4%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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