FrayTech ApS — Credit Rating and Financial Key Figures

CVR number: 42377309
Krogagervej 10, 2720 Vanløse
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Company information

Official name
FrayTech ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About FrayTech ApS

FrayTech ApS (CVR number: 42377309) is a company from KØBENHAVN. The company recorded a gross profit of 216.6 kDKK in 2022. The operating profit was -92.9 kDKK, while net earnings were -94 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.8 %, which can be considered poor and Return on Equity (ROE) was -49.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FrayTech ApS's liquidity measured by quick ratio was 2.7 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
2021
2022
Volume
Net sales
Gross profit953.33216.55
EBIT111.12-92.91
Net earnings86.29-94.04
Shareholders equity total236.29142.25
Balance sheet total (assets)357.67225.80
Net debt- 164.67- 225.80
Profitability
EBIT-%
ROA31.1 %-31.8 %
ROE36.5 %-49.7 %
ROI47.0 %-49.1 %
Economic value added (EVA)86.37-92.07
Solvency
Equity ratio66.1 %63.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.92.7
Current ratio2.92.7
Cash and cash equivalents164.67225.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-31.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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