Frey A/S

CVR number: 40101772
Søren Frichs Vej 40 E, 8230 Åbyhøj

Credit rating

Company information

Official name
Frey A/S
Personnel
35 persons
Established
2018
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Frey A/S

Frey A/S (CVR number: 40101772) is a company from AARHUS. The company reported a net sales of 324.1 mUSD in 2023, demonstrating a growth of 30.6 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 2.8 mUSD), while net earnings were 3489 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.2 %, 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. Frey A/S'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 financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
20192020202120222023
Volume
Net sales105.23248.06324.09
Gross profit-0.290.232.277.286.93
EBIT-1.06-1.200.143.372.80
Net earnings-1.07-1.30-0.383.153.49
Shareholders equity total3.892.932.8140.8344.41
Balance sheet total (assets)5.5420.0333.3959.4180.44
Net debt-8.5017.68
Profitability
EBIT-%0.1 %1.4 %0.9 %
ROA-24.8 %-9.4 %0.5 %9.0 %5.8 %
ROE-31.2 %-38.0 %-13.2 %14.4 %8.2 %
ROI-25.0 %-9.4 %0.5 %10.9 %7.6 %
Economic value added (EVA)-1.06-1.39-0.013.231.27
Solvency
Equity ratio100.0 %100.0 %100.0 %68.7 %55.2 %
Gearing5.0 %47.1 %
Relative net indebtedness %3.2 %10.1 %
Liquidity
Quick ratio3.01.8
Current ratio3.32.3
Cash and cash equivalents10.523.23
Capital use efficiency
Trade debtors turnover (days)40.361.7
Net working capital %16.6 %13.8 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.85%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

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