FRE-AM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRE-AM ApS
FRE-AM ApS (CVR number: 14374280K) is a company from SILKEBORG. The company recorded a gross profit of 46.3 mDKK in 2024. The operating profit was 3699 kDKK, while net earnings were -884 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRE-AM ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 70 409.00 | 66 158.00 | 62 840.00 | 53 254.00 | 46 346.00 |
EBIT | 29 792.00 | 21 087.00 | 21 039.00 | 11 439.00 | 3 699.00 |
Net earnings | 25 441.00 | 21 926.00 | 22 439.00 | - 163.00 | - 884.00 |
Shareholders equity total | 88 484.00 | 107 560.00 | 128 856.00 | 110 112.00 | 104 078.00 |
Balance sheet total (assets) | 176 321.00 | 191 514.00 | 175 194.00 | 140 934.00 | 128 666.00 |
Net debt | -12 666.00 | -22 848.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 23.3 % | 11.5 % | 11.5 % | 4.9 % | 3.3 % |
ROE | 32.9 % | 22.4 % | 19.0 % | -0.2 % | -1.1 % |
ROI | 23.3 % | 11.5 % | 11.5 % | 5.2 % | 3.8 % |
Economic value added (EVA) | 25 792.60 | 16 640.68 | 15 634.11 | 1 646.68 | -3 634.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 78.1 % | 81.0 % |
Gearing | 12.4 % | 2.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | |||
Current ratio | 1.9 | 2.2 | |||
Cash and cash equivalents | 26 341.00 | 25 668.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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