FRIGG ApS — Credit Rating and Financial Key Figures

CVR number: 10084180
Engholm Parkvej 1, 3450 Allerød

Company information

Official name
FRIGG ApS
Personnel
2 persons
Established
1986
Company form
Private limited company
Industry

About FRIGG ApS

FRIGG ApS (CVR number: 10084180) is a company from ALLERØD. The company recorded a gross profit of 2122.7 kDKK in 2023. The operating profit was 2307.7 kDKK, while net earnings were 1443.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRIGG ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 992.941 919.862 021.242 015.712 122.70
EBIT1 110.911 143.161 112.891 869.832 307.70
Net earnings982.42864.77871.421 469.971 443.25
Shareholders equity total17 688.4820 503.9716 449.6917 728.9819 172.23
Balance sheet total (assets)35 683.1338 199.3637 041.7538 007.6838 264.00
Net debt12 407.4712 244.2614 228.1213 312.6112 793.11
Profitability
EBIT-%
ROA3.4 %3.3 %3.1 %5.2 %6.3 %
ROE6.0 %4.5 %4.7 %8.6 %7.8 %
ROI3.5 %3.4 %3.2 %5.4 %6.6 %
Economic value added (EVA)- 430.51- 576.62- 711.57323.99484.79
Solvency
Equity ratio49.6 %53.7 %44.4 %46.8 %50.3 %
Gearing76.9 %62.1 %94.9 %84.5 %71.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.60.90.80.8
Current ratio2.62.60.90.80.7
Cash and cash equivalents1 195.94495.191 384.511 672.50932.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.30%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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