Frecon Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41751894
Egeskovvej 2 B, Tolstrup 8700 Horsens

Credit rating

Company information

Official name
Frecon Holding ApS
Established
2020
Domicile
Tolstrup
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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-2 188.003 466.61674.00-1 823.00209.37
Shareholders equity total4 682.007 349.046 023.002 701.002 909.92
Balance sheet total (assets)4 813.008 024.686 833.003 586.004 005.04
Net debt25.00506.9147.00174.00218.87
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 ratio97.3 %91.6 %88.1 %75.3 %72.7 %
Gearing0.5 %6.9 %1.6 %8.2 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.80.80.50.6
Current ratio0.00.80.80.50.6
Cash and cash equivalents49.0048.0086.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAABBBBB

Variable visualization

ROA:5.55%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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