FREES LANDBRUG ApS — Credit Rating and Financial Key Figures

CVR number: 20052139
Flensborgvej 366, Sdr Hostrup 6200 Aabenraa
tel: 74613496

Credit rating

Company information

Official name
FREES LANDBRUG ApS
Established
1997
Domicile
Sdr Hostrup
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About FREES LANDBRUG ApS

FREES LANDBRUG ApS (CVR number: 20052139) is a company from AABENRAA. The company recorded a gross profit of 49.8 kDKK in 2023. The operating profit was 49.8 kDKK, while net earnings were 70.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FREES LANDBRUG ApS's liquidity measured by quick ratio was 4.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit54.5852.5852.5655.3049.76
EBIT49.3652.5852.5655.3049.76
Net earnings36.6812.35127.20-70.3970.44
Shareholders equity total1 747.761 760.111 887.311 816.921 887.36
Balance sheet total (assets)2 223.962 236.312 390.142 293.122 363.56
Net debt-1 410.56-1 408.08- 544.58-1 252.77-1 398.89
Profitability
EBIT-%
ROA4.6 %7.7 %8.4 %4.5 %4.7 %
ROE2.1 %0.7 %7.0 %-3.8 %3.8 %
ROI4.6 %7.7 %8.4 %4.5 %4.8 %
Economic value added (EVA)44.9147.7446.94-0.7234.09
Solvency
Equity ratio78.6 %78.7 %79.0 %79.2 %79.9 %
Gearing26.9 %26.7 %24.9 %25.9 %24.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.04.04.14.14.3
Current ratio4.04.04.14.14.3
Cash and cash equivalents1 880.561 878.081 014.581 722.771 868.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2025-02-21T03:44:51.128Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.