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Frevic ApS — Credit Rating and Financial Key Figures

CVR number: 28840004
Nybakken 44, 8752 Østbirk
morten.hoffmann@minkobmand.dk
tel: 26183995
Free credit report Annual report

Credit rating

Company information

Official name
Frevic ApS
Established
2005
Company form
Private limited company
Industry

About Frevic ApS

Frevic ApS (CVR number: 28840004) is a company from HORSENS. The company recorded a gross profit of -11.2 kDKK in 2024. The operating profit was -11.2 kDKK, while net earnings were 247.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frevic ApS's liquidity measured by quick ratio was 2.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15.75-5.55-11.81-10.63-11.22
EBIT15.75-5.55-11.81-10.63-11.22
Net earnings806.2687.07405.13978.66247.43
Shareholders equity total966.36940.421 231.152 092.022 082.45
Balance sheet total (assets)2 065.711 213.091 857.212 563.872 260.51
Net debt902.49129.25370.36113.840.81
Profitability
EBIT-%
ROA50.7 %7.1 %27.1 %44.5 %10.8 %
ROE143.2 %9.1 %37.3 %58.9 %11.9 %
ROI53.1 %7.5 %28.7 %48.6 %11.5 %
Economic value added (EVA)-48.45- 100.95-71.30-97.42- 128.49
Solvency
Equity ratio46.8 %77.5 %66.3 %81.6 %92.1 %
Gearing95.4 %24.0 %38.5 %11.5 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.50.40.82.7
Current ratio1.00.50.40.82.7
Cash and cash equivalents19.4396.23103.78126.85118.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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