Frihjul Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frihjul Invest ApS
Frihjul Invest ApS (CVR number: 41969725) is a company from KØBENHAVN. The company recorded a gross profit of -1.6 kDKK in 2023. The operating profit was -1.6 kDKK, while net earnings were 10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -35.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frihjul Invest ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -5.84 | -3.62 | -1.62 |
EBIT | -5.84 | -3.62 | -1.62 |
Net earnings | - 110.12 | - 297.19 | 10.81 |
Shareholders equity total | -70.12 | - 367.31 | - 356.51 |
Balance sheet total (assets) | 929.88 | 632.69 | 643.49 |
Net debt | 70.28 | 481.67 | 468.00 |
Profitability | |||
EBIT-% | |||
ROA | -0.5 % | -0.3 % | 1.4 % |
ROE | -11.8 % | -38.0 % | 1.7 % |
ROI | -0.5 % | -0.3 % | 1.4 % |
Economic value added (EVA) | -5.84 | 47.63 | 43.24 |
Solvency | |||
Equity ratio | -7.0 % | -36.7 % | -35.7 % |
Gearing | -1426.1 % | -272.2 % | -280.5 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.9 | 0.6 | 0.6 |
Current ratio | 0.9 | 0.6 | 0.6 |
Cash and cash equivalents | 929.71 | 518.33 | 532.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | BB |
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