FritValgService ApS — Credit Rating and Financial Key Figures

CVR number: 39902516
Pakkerivej 6, 2500 Valby
info@fritvalgservice.dk
https://fritvalgservice.dk/

Company information

Official name
FritValgService ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About FritValgService ApS

FritValgService ApS (CVR number: 39902516) is a company from KØBENHAVN. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a growth of 108.3 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FritValgService ApS's liquidity measured by quick ratio was 1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales8 302.934 453.352 224.951 069.432 227.27
Gross profit2 668.522 084.43765.71783.70783.53
EBIT10.93209.8879.5577.6011.70
Net earnings
Shareholders equity total50.0050.0050.0050.0050.00
Balance sheet total (assets)3 797.582 106.921 766.491 775.031 658.27
Net debt233.41205.719.33-20.42160.03
Profitability
EBIT-%0.1 %4.7 %3.6 %7.3 %0.5 %
ROA0.3 %7.1 %4.1 %4.4 %0.7 %
ROE
ROI0.6 %10.5 %5.0 %5.0 %1.1 %
Economic value added (EVA)8.41308.75142.08150.0085.59
Solvency
Equity ratio1.3 %2.4 %2.8 %2.8 %3.0 %
Gearing4502.0 %3000.0 %3000.0 %3000.0 %1000.0 %
Relative net indebtedness %20.8 %17.1 %10.1 %19.1 %56.9 %
Liquidity
Quick ratio1.01.11.01.01.0
Current ratio1.01.11.01.01.0
Cash and cash equivalents2 017.591 294.291 490.671 520.42339.97
Capital use efficiency
Trade debtors turnover (days)77.566.645.286.9216.0
Net working capital %1.7 %2.5 %2.2 %4.7 %2.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.68%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.02%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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