FRIHAGEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27296726
Skovbakken 37, 6200 Aabenraa

Company information

Official name
FRIHAGEN HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About FRIHAGEN HOLDING ApS

FRIHAGEN HOLDING ApS (CVR number: 27296726) is a company from AABENRAA. The company recorded a gross profit of -4.3 kDKK in 2023. The operating profit was -4.3 kDKK, while net earnings were 3706 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30 %, which can be considered excellent and Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIHAGEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-2.50-2.50-8.75-3.17-4.33
EBIT-2.50-2.50-8.75-3.17-4.33
Net earnings2 134.362 629.702 931.275 117.503 705.99
Shareholders equity total1 929.024 421.736 586.1011 166.0013 465.99
Balance sheet total (assets)2 148.874 424.236 686.5611 274.0413 468.49
Net debt217.34- 528.5591.43105.38-1.91
Profitability
EBIT-%
ROA91.2 %80.3 %54.0 %57.0 %30.0 %
ROE110.6 %82.8 %53.3 %57.7 %30.1 %
ROI91.4 %80.3 %54.0 %57.1 %30.0 %
Economic value added (EVA)7.8296.43169.04319.77549.52
Solvency
Equity ratio89.8 %99.9 %98.5 %99.0 %100.0 %
Gearing11.3 %1.4 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio211.40.00.00.8
Current ratio211.40.00.00.8
Cash and cash equivalents528.550.280.161.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:30.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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