Frihjul Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frihjul Holding ApS
Frihjul Holding ApS (CVR number: 37853356) is a company from KØBENHAVN. The company recorded a gross profit of -1.5 kDKK in 2024. The operating profit was -1.5 kDKK, while net earnings were 999.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 109.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Frihjul Holding ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.39 | -0.02 | -3.00 | -2.88 | -1.50 |
EBIT | -9.39 | -0.02 | -3.00 | -2.88 | -1.50 |
Net earnings | -9.45 | -2.06 | -4.85 | -16.50 | 999.52 |
Shareholders equity total | 465.32 | 463.26 | 458.41 | 441.92 | 1 380.44 |
Balance sheet total (assets) | 536.78 | 1 755.40 | 1 642.00 | 1 727.46 | 2 449.93 |
Net debt | - 254.23 | 804.41 | 810.12 | 812.71 | 798.60 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.6 % | -0.0 % | -0.2 % | -0.2 % | 48.0 % |
ROE | -2.0 % | -0.4 % | -1.1 % | -3.7 % | 109.7 % |
ROI | -1.6 % | -0.0 % | -0.2 % | -0.2 % | 48.0 % |
Economic value added (EVA) | -40.65 | -26.99 | -91.19 | -85.39 | -88.30 |
Solvency | |||||
Equity ratio | 86.7 % | 26.4 % | 27.9 % | 25.6 % | 56.3 % |
Gearing | 15.4 % | 278.8 % | 258.2 % | 290.9 % | 77.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.3 | 1.3 | 1.3 | 1.2 | 2.2 |
Current ratio | 6.3 | 1.3 | 1.3 | 1.2 | 2.2 |
Cash and cash equivalents | 325.70 | 487.27 | 373.47 | 472.83 | 264.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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