FRENA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRENA HOLDING A/S
FRENA HOLDING A/S (CVR number: 31602912) is a company from GULDBORGSUND. The company recorded a gross profit of -281.6 kDKK in 2024. The operating profit was -356.6 kDKK, while net earnings were 5129.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRENA HOLDING A/S's liquidity measured by quick ratio was 24.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -92.74 | -76.37 | - 153.11 | - 134.39 | - 281.62 |
EBIT | -92.74 | -76.37 | - 153.11 | - 134.39 | - 356.62 |
Net earnings | 294.90 | 1 637.88 | -5 721.80 | 5 147.85 | 5 129.69 |
Shareholders equity total | 45 238.99 | 49 721.94 | 44 214.54 | 49 028.09 | 54 367.39 |
Balance sheet total (assets) | 45 258.47 | 49 738.94 | 79 180.28 | 78 585.51 | 54 836.92 |
Net debt | -7 596.05 | -9 129.68 | -4 364.24 | -7 665.87 | - 199.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | 3.4 % | -1.8 % | 9.9 % | 9.3 % |
ROE | 0.6 % | 3.4 % | -12.2 % | 11.0 % | 9.9 % |
ROI | 0.6 % | 3.5 % | -1.8 % | 9.9 % | 9.3 % |
Economic value added (EVA) | -2 454.87 | -2 349.63 | -2 617.86 | -4 082.24 | -4 225.33 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 55.8 % | 62.4 % | 99.1 % |
Gearing | 79.0 % | 60.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 459.3 | 601.7 | 1.2 | 1.3 | 24.4 |
Current ratio | 459.3 | 601.7 | 1.2 | 1.3 | 24.4 |
Cash and cash equivalents | 7 596.05 | 9 129.68 | 39 302.16 | 37 186.65 | 199.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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