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 2023, demonstrating a decline of -8.1 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 0 mDKK), while net earnings were 18 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 312.43 | 301.53 | 313.50 | 386.27 | 355.02 |
Gross profit | -0.77 | -22.84 | -24.29 | 12.25 | 18.00 |
EBIT | -0.77 | -22.84 | -24.29 | 12.25 | 18.00 |
Net earnings | -0.77 | -23.34 | -25.41 | 11.62 | 18.00 |
Shareholders equity total | 178.92 | 155.59 | 130.18 | 141.80 | 159.80 |
Balance sheet total (assets) | 270.56 | 238.55 | 210.41 | 225.72 | 244.76 |
Net debt | - 168.83 | - 147.87 | -92.35 | - 107.66 | - 126.69 |
Profitability | |||||
EBIT-% | -0.2 % | -7.6 % | -7.7 % | 3.2 % | 5.1 % |
ROA | -0.3 % | -9.0 % | -10.8 % | 5.6 % | 7.7 % |
ROE | -0.4 % | -14.0 % | -17.8 % | 8.5 % | 11.9 % |
ROI | -0.4 % | -13.7 % | -15.6 % | 7.5 % | 10.2 % |
Economic value added (EVA) | -1.72 | -23.35 | -24.68 | 11.68 | 17.61 |
Solvency | |||||
Equity ratio | 66.1 % | 65.2 % | 61.9 % | 62.8 % | 65.3 % |
Gearing | 20.3 % | 18.6 % | 16.5 % | ||
Relative net indebtedness % | -24.7 % | -21.5 % | -12.3 % | -13.0 % | -19.2 % |
Liquidity | |||||
Quick ratio | 2.4 | 2.3 | 2.0 | 2.1 | 2.3 |
Current ratio | 2.4 | 2.3 | 2.0 | 2.1 | 2.3 |
Cash and cash equivalents | 168.83 | 147.87 | 118.76 | 134.07 | 153.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 40.7 % | 34.4 % | 25.0 % | 23.3 % | 30.4 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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