FRIHEDEN GRUPPEN A/S — Credit Rating and Financial Key Figures

CVR number: 35533370
Slotsherrensvej 215, 2610 Rødovre

Company information

Official name
FRIHEDEN GRUPPEN A/S
Established
2013
Company form
Limited company
Industry

About FRIHEDEN GRUPPEN A/S

FRIHEDEN GRUPPEN A/S (CVR number: 35533370) is a company from RØDOVRE. The company recorded a gross profit of -72.8 kDKK in 2023. The operating profit was -72.8 kDKK, while net earnings were 10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIHEDEN GRUPPEN A/S's liquidity measured by quick ratio was 0.4 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
2022
2023
Volume
Net sales
Gross profit-98.15-72.83
EBIT-98.15-72.83
Net earnings15 370.7710 091.44
Shareholders equity total145 936.91150 028.35
Balance sheet total (assets)169 623.19169 464.58
Net debt1 586.854 268.00
Profitability
EBIT-%
ROA9.8 %6.5 %
ROE10.5 %6.8 %
ROI11.3 %7.2 %
Economic value added (EVA)6 147.22-76.596 910.22
Solvency
Equity ratio86.0 %88.5 %
Gearing1.1 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.10.4
Current ratio2.10.4
Cash and cash equivalents14.33130.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:6.45%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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