Frecon Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frecon Holding ApS
Frecon Holding ApS (CVR number: 41751894) is a company from HORSENS. The company recorded a gross profit of -11.7 kDKK in 2024. The operating profit was -11.7 kDKK, while net earnings were 209.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. Frecon Holding ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -29.00 | -13.75 | -12.00 | -11.00 | -11.67 |
EBIT | -29.00 | -13.75 | -12.00 | -11.00 | -11.67 |
Net earnings | -2 188.00 | 3 466.61 | 674.00 | -1 823.00 | 209.37 |
Shareholders equity total | 4 682.00 | 7 349.04 | 6 023.00 | 2 701.00 | 2 909.92 |
Balance sheet total (assets) | 4 813.00 | 8 024.68 | 6 833.00 | 3 586.00 | 4 005.04 |
Net debt | 25.00 | 506.91 | 47.00 | 174.00 | 218.87 |
Profitability | |||||
EBIT-% | |||||
ROA | -45.5 % | 54.0 % | 9.1 % | -34.7 % | 5.6 % |
ROE | -46.7 % | 57.6 % | 10.1 % | -41.8 % | 7.5 % |
ROI | -46.5 % | 55.1 % | 9.5 % | -37.0 % | 5.7 % |
Economic value added (EVA) | -27.00 | - 247.24 | - 403.94 | - 326.31 | - 183.08 |
Solvency | |||||
Equity ratio | 97.3 % | 91.6 % | 88.1 % | 75.3 % | 72.7 % |
Gearing | 0.5 % | 6.9 % | 1.6 % | 8.2 % | 10.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.8 | 0.8 | 0.5 | 0.6 |
Current ratio | 0.0 | 0.8 | 0.8 | 0.5 | 0.6 |
Cash and cash equivalents | 49.00 | 48.00 | 86.09 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | A | A | BB | BBB |
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