FREKE ELEKTRONIK ApS — Credit Rating and Financial Key Figures

CVR number: 25954114
Bøgebakken 18, Gjessø 8600 Silkeborg

Credit rating

Company information

Official name
FREKE ELEKTRONIK ApS
Personnel
1 person
Established
2001
Domicile
Gjessø
Company form
Private limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About FREKE ELEKTRONIK ApS

FREKE ELEKTRONIK ApS (CVR number: 25954114) is a company from SILKEBORG. The company recorded a gross profit of 98.3 kDKK in 2023. The operating profit was 98.3 kDKK, while net earnings were 125.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREKE ELEKTRONIK ApS's liquidity measured by quick ratio was 12.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit183.16345.06148.69218.6398.33
EBIT60.89222.9787.55218.6398.33
Net earnings29.50155.2639.68166.18125.68
Shareholders equity total3 690.403 845.663 772.343 824.133 832.01
Balance sheet total (assets)3 719.494 029.034 037.173 998.974 202.93
Net debt-3 709.81-3 939.41-3 699.62-3 748.88-3 783.98
Profitability
EBIT-%
ROA1.6 %5.9 %2.3 %5.6 %4.2 %
ROE0.8 %4.1 %1.0 %4.4 %3.3 %
ROI1.7 %6.0 %2.3 %5.7 %4.2 %
Economic value added (EVA)48.59175.3277.04178.5177.68
Solvency
Equity ratio99.2 %95.4 %93.4 %95.6 %91.2 %
Gearing0.2 %2.1 %6.1 %2.5 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio127.922.015.222.912.3
Current ratio127.922.015.222.912.3
Cash and cash equivalents3 718.814 019.343 931.033 843.964 116.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.17%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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