FREEZE LINK ApS — Credit Rating and Financial Key Figures

CVR number: 29815186
Kong Georgs Vej 14, 9000 Aalborg

Credit rating

Company information

Official name
FREEZE LINK ApS
Personnel
2 persons
Established
2009
Company form
Private limited company
Industry

About FREEZE LINK ApS

FREEZE LINK ApS (CVR number: 29815186) is a company from AALBORG. The company recorded a gross profit of 1230.8 kDKK in 2023. The operating profit was 194.9 kDKK, while net earnings were 141.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 37.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREEZE LINK ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 524.691 639.901 108.401 031.771 230.80
EBIT556.52304.6065.5469.65194.91
Net earnings428.13232.4546.8939.82141.49
Shareholders equity total636.80469.25316.15355.96397.46
Balance sheet total (assets)1 473.132 269.771 695.851 192.832 155.86
Net debt- 552.84- 755.35- 661.82- 342.59- 670.91
Profitability
EBIT-%
ROA37.5 %16.3 %3.3 %4.8 %11.6 %
ROE81.9 %42.0 %11.9 %11.8 %37.6 %
ROI94.3 %34.4 %8.4 %12.2 %32.4 %
Economic value added (EVA)425.21237.4394.4573.83149.65
Solvency
Equity ratio43.2 %20.7 %18.6 %29.8 %18.4 %
Gearing16.8 %115.3 %70.1 %23.0 %50.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.21.11.81.2
Current ratio1.71.21.11.81.2
Cash and cash equivalents659.701 296.29883.40424.54873.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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