FREM RADIO. NÆSTVED A/S — Credit Rating and Financial Key Figures

CVR number: 15360933
Ringstedgade 7, 4700 Næstved
tel: 55721698
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Credit rating

Company information

Official name
FREM RADIO. NÆSTVED A/S
Personnel
5 persons
Established
1991
Company form
Limited company
Industry

About FREM RADIO. NÆSTVED A/S

FREM RADIO. NÆSTVED A/S (CVR number: 15360933) is a company from NÆSTVED. The company recorded a gross profit of 891.6 kDKK in 2023. The operating profit was 58.1 kDKK, while net earnings were 107.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREM RADIO. NÆSTVED A/S's liquidity measured by quick ratio was 3.6 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 profit1 294.211 318.82991.76800.15891.55
EBIT609.31430.94-17.74- 226.7658.12
Net earnings625.78531.3513.82- 135.42107.33
Shareholders equity total1 897.292 328.632 142.462 007.032 114.36
Balance sheet total (assets)3 064.733 112.822 600.652 306.042 485.52
Net debt- 432.35- 296.58- 298.29- 125.29- 276.04
Profitability
EBIT-%
ROA25.3 %15.0 %0.7 %-7.1 %5.8 %
ROE39.5 %25.1 %0.6 %-6.5 %5.2 %
ROI36.4 %21.3 %1.0 %-8.3 %6.7 %
Economic value added (EVA)542.70426.00- 115.36- 269.64-49.24
Solvency
Equity ratio62.0 %75.0 %82.4 %87.0 %85.2 %
Gearing6.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.12.73.83.6
Current ratio2.33.34.56.15.4
Cash and cash equivalents555.35296.58298.29125.29276.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:5.75%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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