FRIGAST A/S — Credit Rating and Financial Key Figures

CVR number: 24994139
Knud Højgaards Vej 9, 2860 Søborg
lk@more49.dk

Company information

Official name
FRIGAST A/S
Personnel
7 persons
Established
1999
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings69 234.0078 281.00-9 992.5728 467.1750 048.48
Shareholders equity total661 934.00707 215.00603 912.68586 992.84591 191.78
Balance sheet total (assets)696 380.00713 996.00643 979.22676 571.41658 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 %
ROE10.6 %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 ratio100.0 %100.0 %93.7 %86.8 %89.7 %
Gearing4.6 %15.0 %10.6 %
Relative net indebtedness %
Liquidity
Quick ratio6.42.93.8
Current ratio6.42.93.8
Cash and cash equivalents243 177.54244 241.02235 768.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.36%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.7%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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