Frevic ApS — Credit Rating and Financial Key Figures

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

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 -10.6 kDKK in 2023. The operating profit was -10.6 kDKK, while net earnings were 978.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.5 %, which can be considered excellent and Return on Equity (ROE) was 58.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.6 %, 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 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-5.6815.75-5.55-11.81-10.63
EBIT-16.3415.75-5.55-11.81-10.63
Net earnings531.38806.2687.07405.13978.66
Shareholders equity total160.09966.36940.421 231.152 092.02
Balance sheet total (assets)1 216.782 065.711 213.091 857.212 563.87
Net debt1 003.76902.49129.25370.36119.97
Profitability
EBIT-%
ROA37.1 %50.7 %7.1 %27.1 %44.5 %
ROE127.1 %143.2 %9.1 %37.3 %58.9 %
ROI39.9 %53.1 %7.5 %28.7 %48.5 %
Economic value added (EVA)34.8876.2512.2713.8826.48
Solvency
Equity ratio13.2 %46.8 %77.5 %66.3 %81.6 %
Gearing631.6 %95.4 %24.0 %38.5 %11.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.00.50.40.8
Current ratio0.21.00.50.40.8
Cash and cash equivalents7.4419.4396.23103.78126.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:44.5%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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