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FRIGG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIGG ApS
FRIGG ApS (CVR number: 10084180) is a company from ALLERØD. The company recorded a gross profit of 1725.9 kDKK in 2024. The operating profit was 192.4 kDKK, while net earnings were -161.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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 0.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 919.86 | 2 021.24 | 2 015.71 | 2 122.70 | 1 725.87 |
| EBIT | 1 143.16 | 1 112.89 | 1 869.83 | 2 307.70 | 192.38 |
| Net earnings | 864.77 | 871.42 | 1 469.97 | 1 443.25 | - 161.78 |
| Shareholders equity total | 20 503.97 | 16 449.69 | 17 728.98 | 19 172.23 | 19 010.46 |
| Balance sheet total (assets) | 38 199.36 | 37 041.75 | 38 007.68 | 38 264.00 | 37 152.32 |
| Net debt | 12 244.26 | 14 228.12 | 13 312.61 | 12 793.11 | 12 646.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.3 % | 3.1 % | 5.2 % | 6.3 % | 0.6 % |
| ROE | 4.5 % | 4.7 % | 8.6 % | 7.8 % | -0.8 % |
| ROI | 3.4 % | 3.2 % | 5.4 % | 6.6 % | 0.6 % |
| Economic value added (EVA) | - 818.33 | - 944.84 | - 110.38 | -19.27 | -1 690.84 |
| Solvency | |||||
| Equity ratio | 53.7 % | 44.4 % | 46.8 % | 50.3 % | 51.3 % |
| Gearing | 62.1 % | 94.9 % | 84.5 % | 71.6 % | 68.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 0.9 | 0.8 | 0.8 | 0.7 |
| Current ratio | 2.6 | 0.9 | 0.8 | 0.7 | 0.6 |
| Cash and cash equivalents | 495.19 | 1 384.51 | 1 672.50 | 932.41 | 381.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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