FREA Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 15369000
Sandetvej 19 C, 7280 Sønder Felding
info@frea-solutions.com
tel: 97196767

Credit rating

Company information

Official name
FREA Solutions ApS
Personnel
17 persons
Established
1991
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About FREA Solutions ApS

FREA Solutions ApS (CVR number: 15369000) is a company from HERNING. The company recorded a gross profit of -354.9 kDKK in 2024. The operating profit was -3585.3 kDKK, while net earnings were -2732.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FREA Solutions ApS's liquidity measured by quick ratio was 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 069.002 475.007 796.004 445.43- 354.90
EBIT1 237.001 060.005 810.001 904.92-3 585.27
Net earnings969.00825.004 470.001 534.74-2 732.57
Shareholders equity total4 640.005 466.009 935.0011 470.508 737.93
Balance sheet total (assets)10 222.0011 807.0022 643.0017 780.3319 540.74
Net debt-1 713.00- 541.00-3 020.00705.793 358.80
Profitability
EBIT-%
ROA16.0 %10.2 %34.9 %10.1 %-18.0 %
ROE23.3 %16.3 %58.0 %14.3 %-27.0 %
ROI28.2 %20.0 %63.3 %15.8 %-25.2 %
Economic value added (EVA)836.85715.164 314.741 162.38-3 358.33
Solvency
Equity ratio55.0 %66.6 %60.8 %71.6 %59.2 %
Gearing13.6 %10.0 %3.4 %7.0 %49.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.94.93.12.3
Current ratio1.81.82.22.91.7
Cash and cash equivalents2 345.001 087.003 354.00100.00971.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-18.0%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.2%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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