FRI Energy A/S — Credit Rating and Financial Key Figures

CVR number: 36927208
Byvej 12, Selling 8370 Hadsten
info@fri-energy.dk
tel: 88181920
www.fri-energy.dk

Company information

Official name
FRI Energy A/S
Personnel
2 persons
Established
2015
Domicile
Selling
Company form
Limited company
Industry

About FRI Energy A/S

FRI Energy A/S (CVR number: 36927208) is a company from FAVRSKOV. The company recorded a gross profit of -241.8 kDKK in 2023. The operating profit was -515.7 kDKK, while net earnings were -466.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -31.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FRI Energy A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit89.3743.97574.0138.74- 241.82
EBIT- 204.09-1 002.96123.82- 149.15- 515.70
Net earnings- 172.73- 788.74104.4568.53- 466.40
Shareholders equity total1 018.10229.36333.81402.33-64.07
Balance sheet total (assets)1 585.871 671.326 513.287 862.642 583.68
Net debt-16.33- 232.08-3 013.93-4 737.63- 431.71
Profitability
EBIT-%
ROA-12.9 %-61.1 %9.3 %6.3 %-8.6 %
ROE-15.6 %-126.5 %37.1 %18.6 %-31.2 %
ROI-17.8 %-145.9 %89.9 %87.6 %-74.6 %
Economic value added (EVA)- 200.54- 835.2992.1342.70- 275.38
Solvency
Equity ratio64.2 %13.7 %5.1 %5.1 %-2.4 %
Gearing30.3 %36.3 %34.7 %-1039.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.00.91.01.00.7
Current ratio2.00.91.01.00.7
Cash and cash equivalents16.33301.673 135.074 877.281 097.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-8.57%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.42%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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