FRICK A/S — Credit Rating and Financial Key Figures

CVR number: 33365381
Flegborg 2 A, 7100 Vejle

Company information

Official name
FRICK A/S
Established
2010
Company form
Limited company
Industry

About FRICK A/S

FRICK A/S (CVR number: 33365381) is a company from VEJLE. The company recorded a gross profit of -54.2 kDKK in 2023. The operating profit was -54.2 kDKK, while net earnings were 280.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRICK A/S's liquidity measured by quick ratio was 220.4 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 sales
Gross profit320.50-82.37-59.59-46.43-54.20
EBIT481.12-82.37-59.59-46.43-54.20
Net earnings122.65557.49-1 136.90- 320.37280.83
Shareholders equity total6 331.046 888.535 751.635 431.265 712.09
Balance sheet total (assets)6 358.046 916.285 779.385 450.165 730.97
Net debt-5 269.04-4 770.71-3 850.52-3 680.46-4 088.83
Profitability
EBIT-%
ROA4.6 %9.7 %3.4 %1.8 %7.8 %
ROE1.9 %8.4 %-18.0 %-5.7 %5.0 %
ROI4.6 %9.8 %3.4 %1.9 %7.8 %
Economic value added (EVA)- 646.60- 130.58- 166.74- 143.83- 142.08
Solvency
Equity ratio99.6 %99.6 %99.5 %99.7 %99.7 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio197.0177.8144.7198.4220.4
Current ratio197.0177.8144.7198.4220.4
Cash and cash equivalents5 269.044 770.713 850.523 680.494 088.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.82%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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