Frays ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frays ApS
Frays ApS (CVR number: 25807588) is a company from SKANDERBORG. The company recorded a gross profit of 7.2 kDKK in 2024. The operating profit was 1 kDKK, while net earnings were 0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -30.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frays 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 | 348.97 | -29.19 | 31.09 | 34.40 | 7.23 |
| EBIT | 28.42 | -90.37 | 21.27 | 18.08 | 1.01 |
| Net earnings | 28.26 | -90.97 | 21.18 | 18.09 | 0.66 |
| Shareholders equity total | 0.68 | -90.29 | -69.11 | -51.02 | -50.36 |
| Balance sheet total (assets) | 209.92 | 46.43 | 75.15 | 105.65 | 113.51 |
| Net debt | -82.71 | -17.10 | 3.92 | 7.06 | 2.30 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.6 % | -52.1 % | 15.1 % | 12.0 % | 0.6 % |
| ROE | 225.2 % | -386.2 % | 34.8 % | 20.0 % | 0.6 % |
| ROI | 195.6 % | -26698.1 % | 804.0 % | 292.9 % | 14.2 % |
| Economic value added (EVA) | 28.39 | -90.41 | 25.80 | 21.29 | 3.22 |
| Solvency | |||||
| Equity ratio | 0.3 % | -66.0 % | -47.9 % | -32.6 % | -30.7 % |
| Gearing | -7.7 % | -13.8 % | -14.9 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.3 | 0.5 | 0.7 | 0.7 |
| Current ratio | 1.0 | 0.3 | 0.5 | 0.7 | 0.7 |
| Cash and cash equivalents | 82.71 | 17.10 | 1.37 | 5.19 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | BB |
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