HANS CHRISTIAN FRIHAGEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27700721
Vingelhøjvej 55, Hostrupskov 6200 Aabenraa
hc@frihagen.dk
tel: 40438878

Credit rating

Company information

Official name
HANS CHRISTIAN FRIHAGEN HOLDING ApS
Personnel
1 person
Established
2004
Domicile
Hostrupskov
Company form
Private limited company
Industry

About HANS CHRISTIAN FRIHAGEN HOLDING ApS

HANS CHRISTIAN FRIHAGEN HOLDING ApS (CVR number: 27700721) is a company from AABENRAA. The company recorded a gross profit of -29.1 kDKK in 2023. The operating profit was -229.1 kDKK, while net earnings were 391 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANS CHRISTIAN FRIHAGEN HOLDING ApS's liquidity measured by quick ratio was 64.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-45.51-26.59-29.09-28.09-29.09
EBIT- 195.51- 176.59- 179.09- 178.09- 229.09
Net earnings- 138.611 192.69- 997.43426.43390.96
Shareholders equity total6 430.006 772.695 175.265 369.495 360.45
Balance sheet total (assets)6 450.256 928.015 290.445 399.495 445.18
Net debt-6 440.20-6 926.20-5 171.98-5 336.86-5 327.63
Profitability
EBIT-%
ROA-1.4 %20.0 %-0.3 %8.4 %7.7 %
ROE-2.1 %18.1 %-16.7 %8.1 %7.3 %
ROI-1.4 %20.3 %-0.3 %8.5 %7.7 %
Economic value added (EVA)- 218.39- 158.20- 171.41- 173.64- 235.80
Solvency
Equity ratio99.7 %97.8 %97.8 %99.4 %98.4 %
Gearing1.6 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio318.544.645.9180.064.3
Current ratio318.544.645.9180.064.3
Cash and cash equivalents6 440.206 926.205 256.165 336.865 382.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:7.70%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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