FRIGAST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIGAST A/S
FRIGAST A/S (CVR number: 24994139) is a company from GLADSAXE. The company recorded a gross profit of -2635.1 kDKK in 2024. The operating profit was -16.3 mDKK, while net earnings were 50 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIGAST A/S's liquidity measured by quick ratio was 3.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4 388.62 | -2 319.16 | -2 635.13 | ||
EBIT | -8 934.00 | -12 672.00 | -12 987.26 | -13 129.51 | -16 277.37 |
Net earnings | 69 234.00 | 78 281.00 | -9 992.57 | 28 467.17 | 50 048.48 |
Shareholders equity total | 661 934.00 | 707 215.00 | 603 912.68 | 586 992.84 | 591 191.78 |
Balance sheet total (assets) | 696 380.00 | 713 996.00 | 643 979.22 | 676 571.41 | 658 721.62 |
Net debt | - 215 682.49 | - 156 015.01 | - 173 265.42 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -1.3 % | -1.8 % | 10.4 % | 5.0 % | 8.4 % |
ROE | 10.6 % | 11.4 % | -1.5 % | 4.8 % | 8.5 % |
ROI | -1.3 % | -1.8 % | 10.5 % | 5.1 % | 8.4 % |
Economic value added (EVA) | -41 028.68 | -45 934.18 | -49 635.87 | -30 904.38 | -35 356.16 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 93.7 % | 86.8 % | 89.7 % |
Gearing | 4.6 % | 15.0 % | 10.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.4 | 2.9 | 3.8 | ||
Current ratio | 6.4 | 2.9 | 3.8 | ||
Cash and cash equivalents | 243 177.54 | 244 241.02 | 235 768.07 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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