FRELTEC ApS — Credit Rating and Financial Key Figures

CVR number: 24231003
Kronprinsessegade 40, 1306 København K

Credit rating

Company information

Official name
FRELTEC ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About FRELTEC ApS

FRELTEC ApS (CVR number: 24231003) is a company from KØBENHAVN. The company recorded a gross profit of 373.5 kDKK in 2024. The operating profit was 129.4 kDKK, while net earnings were 8355.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.1 %, which can be considered excellent and Return on Equity (ROE) was 51.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRELTEC ApS's liquidity measured by quick ratio was 36.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 258.461 547.98854.15425.85373.46
EBIT128.24824.83271.1272.81129.44
Net earnings7 267.374 445.60-8 663.19- 269.448 355.58
Shareholders equity total16 899.8421 232.4412 454.8412 067.6020 301.19
Balance sheet total (assets)19 235.7121 502.3812 561.2612 142.6420 530.98
Net debt-2 566.09- 155.61-76.63- 217.63-8 311.07
Profitability
EBIT-%
ROA63.9 %21.4 %1.6 %1.5 %76.1 %
ROE54.6 %23.3 %-51.4 %-2.2 %51.6 %
ROI70.1 %22.8 %1.6 %1.5 %76.8 %
Economic value added (EVA)- 389.77-2.15- 792.45- 553.77- 476.94
Solvency
Equity ratio87.9 %98.7 %99.2 %99.4 %98.9 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.83.03.536.8
Current ratio1.21.83.03.536.8
Cash and cash equivalents2 566.09155.6176.63217.648 311.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:76.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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