FENRIR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FENRIR ApS
FENRIR ApS (CVR number: 17472836) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 0 mDKK), while net earnings were 30.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FENRIR ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 301.53 | 313.50 | 386.27 | 355.02 | 384.37 |
Gross profit | -22.84 | -24.29 | 12.25 | 18.00 | 31.82 |
EBIT | -22.84 | -24.29 | 12.25 | 18.00 | 31.82 |
Net earnings | -23.34 | -25.41 | 11.62 | 18.00 | 30.42 |
Shareholders equity total | 155.59 | 130.18 | 141.80 | 159.80 | 190.21 |
Balance sheet total (assets) | 238.55 | 210.41 | 225.72 | 244.76 | 279.74 |
Net debt | - 147.87 | -92.35 | - 107.66 | - 126.69 | - 161.68 |
Profitability | |||||
EBIT-% | -7.6 % | -7.7 % | 3.2 % | 5.1 % | 8.3 % |
ROA | -9.0 % | -10.8 % | 5.6 % | 7.7 % | 12.1 % |
ROE | -14.0 % | -17.8 % | 8.5 % | 11.9 % | 17.4 % |
ROI | -13.7 % | -15.6 % | 7.5 % | 10.2 % | 15.8 % |
Economic value added (EVA) | -31.83 | -32.11 | 4.38 | 9.55 | 21.06 |
Solvency | |||||
Equity ratio | 65.2 % | 61.9 % | 62.8 % | 65.3 % | 68.0 % |
Gearing | 20.3 % | 18.6 % | 16.5 % | 13.9 % | |
Relative net indebtedness % | -21.5 % | -12.3 % | -13.0 % | -19.2 % | -25.6 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.0 | 2.1 | 2.3 | 2.5 |
Current ratio | 2.3 | 2.0 | 2.1 | 2.3 | 2.5 |
Cash and cash equivalents | 147.87 | 118.76 | 134.07 | 153.11 | 188.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 34.4 % | 25.0 % | 23.3 % | 30.4 % | 36.0 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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