FRE-AM ApS — Credit Rating and Financial Key Figures

CVR number: 14374280
Julsøvænget 40, Sejs-Svejbæk 8600 Silkeborg

Company information

Official name
FRE-AM ApS
Established
1990
Domicile
Sejs-Svejbæk
Company form
Private limited company
Industry

About FRE-AM ApS

FRE-AM ApS (CVR number: 14374280K) is a company from SILKEBORG. The company recorded a gross profit of 53.3 mDKK in 2023. The operating profit was 11.4 mDKK, while net earnings were -163 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. FRE-AM ApS's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales296 915.00317 030.00
Gross profit-73.0070 409.0066 158.0062 840.0053 254.00
EBIT-73.0029 792.0021 087.0021 039.0011 439.00
Net earnings7 466.0025 441.0021 926.0022 439.00- 163.00
Shareholders equity total66 042.0088 484.00107 560.00128 856.00110 112.00
Balance sheet total (assets)79 611.00176 321.00191 514.00175 194.00140 934.00
Net debt-9 721.0029 693.0022 660.002 317.00-12 666.00
Profitability
EBIT-%10.0 %6.7 %
ROA9.8 %27.8 %18.2 %19.9 %4.9 %
ROE11.3 %35.7 %26.2 %22.8 %-0.2 %
ROI9.8 %32.5 %23.2 %24.1 %5.6 %
Economic value added (EVA)-74.9423 404.3112 681.1413 556.422 754.74
Solvency
Equity ratio83.0 %52.3 %56.2 %73.6 %78.1 %
Gearing20.5 %56.1 %38.8 %18.4 %12.4 %
Relative net indebtedness %22.9 %20.3 %
Liquidity
Quick ratio1.90.90.81.21.6
Current ratio2.01.21.31.71.9
Cash and cash equivalents23 269.0019 960.0019 028.0021 337.0026 341.00
Capital use efficiency
Trade debtors turnover (days)54.947.6
Net working capital %2.9 %3.9 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:4.89%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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