Frier ApS af 1/1-2020 — Credit Rating and Financial Key Figures

CVR number: 12697791
Ulrikkenborg Alle 38-40, 2800 Kgs. Lyngby
tel: 45880059

Company information

Official name
Frier ApS af 1/1-2020
Personnel
4 persons
Established
1989
Company form
Private limited company
Industry

About Frier ApS af 1/1-2020

Frier ApS af 1/1-2020 (CVR number: 12697791) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -25.5 kDKK in 2024. The operating profit was -25.5 kDKK, while net earnings were -26.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frier ApS af 1/1-2020's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 250.61-61.34-17.91-33.00-25.53
EBIT2 250.12-1 447.76-17.91-33.00-25.53
Net earnings1 887.25-1 151.88-20.04-33.40-26.54
Shareholders equity total2 088.2341.3521.31-12.09-38.63
Balance sheet total (assets)3 026.29614.02553.54518.38246.47
Net debt-1 871.72- 155.94- 141.52-17.02-6.08
Profitability
EBIT-%
ROA75.5 %-79.5 %-3.1 %-6.1 %-6.2 %
ROE97.0 %-108.2 %-64.0 %-12.4 %-6.9 %
ROI113.4 %-136.0 %-57.2 %-309.7 %
Economic value added (EVA)1 805.24-1 247.27-19.99-34.07-24.92
Solvency
Equity ratio69.0 %6.7 %3.8 %-2.3 %-13.6 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.21.11.01.00.9
Current ratio3.21.11.01.00.9
Cash and cash equivalents1 871.72155.94141.5217.026.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-6.25%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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