Frema A/S — Credit Rating and Financial Key Figures

CVR number: 42497444
Auningvej 91 B, Nørager 8961 Allingåbro

Company information

Official name
Frema A/S
Personnel
11 persons
Established
2021
Domicile
Nørager
Company form
Limited company
Industry

About Frema A/S

Frema A/S (CVR number: 42497444) is a company from NORDDJURS. The company recorded a gross profit of 5252.3 kDKK in 2023. The operating profit was 734.1 kDKK, while net earnings were 583 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frema A/S's liquidity measured by quick ratio was 6.7 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
2021
2022
2023
Volume
Net sales
Gross profit4 370.715 288.085 252.33
EBIT-78.241 271.35734.07
Net earnings1 712.84- 789.52582.97
Shareholders equity total25 946.715 157.195 740.16
Balance sheet total (assets)27 563.625 805.786 634.07
Net debt-20 994.58-1 492.84-1 111.37
Profitability
EBIT-%
ROA8.0 %7.9 %12.0 %
ROE6.6 %-5.1 %10.7 %
ROI8.4 %8.4 %13.6 %
Economic value added (EVA)-61.16738.25- 613.41
Solvency
Equity ratio94.1 %88.8 %86.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio17.46.56.7
Current ratio17.47.06.9
Cash and cash equivalents20 994.581 492.841 111.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBA

Variable visualization

ROA:12.0%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.5%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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