FREMO A/S — Credit Rating and Financial Key Figures

CVR number: 29688036
Hvidbjergvej 47, Hvidbjerg 7080 Børkop
tel: 75853344

Company information

Official name
FREMO A/S
Established
2006
Domicile
Hvidbjerg
Company form
Limited company
Industry

About FREMO A/S

FREMO A/S (CVR number: 29688036) is a company from VEJLE. The company recorded a gross profit of 145.7 kDKK in 2023. The operating profit was 145.7 kDKK, while net earnings were 113.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREMO A/S's liquidity measured by quick ratio was 20.1 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 profit6.07241.49162.29112.16145.66
EBIT6.07241.49162.29112.16145.66
Net earnings2.85235.45126.0684.27113.62
Shareholders equity total502.85735.45626.06584.27613.62
Balance sheet total (assets)506.23741.16667.44617.09645.66
Net debt- 479.53- 474.36- 468.65- 489.42
Profitability
EBIT-%
ROA1.1 %38.7 %23.0 %17.5 %23.1 %
ROE0.5 %38.0 %18.5 %13.9 %19.0 %
ROI1.1 %39.0 %23.8 %18.5 %24.3 %
Economic value added (EVA)0.37237.48116.7079.58108.85
Solvency
Equity ratio99.3 %99.2 %93.8 %94.7 %95.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio149.8129.916.118.820.1
Current ratio149.8129.916.118.820.1
Cash and cash equivalents479.53474.36468.65489.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.