FREJ ApS — Credit Rating and Financial Key Figures

CVR number: 17072749
Dronninggårds Alle 136, 2840 Holte

Company information

Official name
FREJ ApS
Personnel
1 person
Established
1993
Company form
Private limited company
Industry

About FREJ ApS

FREJ ApS (CVR number: 17072749) is a company from RUDERSDAL. The company recorded a gross profit of -1385.3 kDKK in 2023. The operating profit was -2008.2 kDKK, while net earnings were 1811.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREJ ApS's liquidity measured by quick ratio was 7.9 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 profit- 602.18- 801.78- 880.56- 977.18-1 385.28
EBIT-1 222.08-1 420.71-1 498.35-1 594.93-2 008.19
Net earnings-2 014.359 250.7210 015.35904.401 811.07
Shareholders equity total139 800.50145 740.71174 122.46162 436.24158 037.53
Balance sheet total (assets)140 161.49149 360.33180 234.95166 222.75168 118.94
Net debt-70 827.70-73 276.59-74 643.31-63 094.30-61 014.65
Profitability
EBIT-%
ROA-1.6 %8.1 %12.7 %4.3 %3.6 %
ROE-1.4 %6.5 %6.3 %0.5 %1.1 %
ROI-1.6 %7.8 %10.4 %4.3 %3.6 %
Economic value added (EVA)-4 042.35-3 896.72-3 720.30-4 373.83-5 056.17
Solvency
Equity ratio99.7 %97.6 %96.6 %97.7 %94.0 %
Gearing2.3 %1.9 %2.1 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio219.622.813.819.07.9
Current ratio219.622.813.819.07.9
Cash and cash equivalents70 827.7076 603.2277 871.7866 467.8170 201.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.55%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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