FRISBÆK ApS — Credit Rating and Financial Key Figures

CVR number: 37932108
Naverland 22 A, 2600 Glostrup

Credit rating

Company information

Official name
FRISBÆK ApS
Personnel
10 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FRISBÆK ApS

FRISBÆK ApS (CVR number: 37932108) is a company from ALBERTSLUND. The company recorded a gross profit of 9140 kDKK in 2023. The operating profit was 4408 kDKK, while net earnings were 3158.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44 %, which can be considered excellent and Return on Equity (ROE) was 94.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRISBÆK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit4 208.893 930.204 217.164 986.899 139.98
EBIT1 475.421 402.631 267.861 911.834 408.02
Net earnings1 154.761 047.25932.501 912.833 158.26
Shareholders equity total72.24119.481 051.981 964.824 708.20
Balance sheet total (assets)2 860.943 838.206 324.026 821.4414 203.68
Net debt- 207.36- 563.97- 736.88-1 069.58578.32
Profitability
EBIT-%
ROA47.9 %42.2 %25.1 %42.2 %44.0 %
ROE68.8 %1092.5 %159.2 %126.8 %94.7 %
ROI190.0 %1474.2 %217.9 %184.1 %116.7 %
Economic value added (EVA)1 166.031 093.551 004.241 463.473 392.25
Solvency
Equity ratio2.5 %3.1 %16.6 %28.8 %33.1 %
Gearing26.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.20.40.2
Current ratio1.01.01.20.40.2
Cash and cash equivalents207.36563.97736.881 069.58676.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:44.0%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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