Tænketanken Frej — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tænketanken Frej
Tænketanken Frej (CVR number: 37905739) is a company from KØBENHAVN. The company reported a net sales of 5.8 mDKK in 2022, demonstrating a growth of 42.7 % compared to the previous year. The operating profit percentage was at 19.8 % (EBIT: 1.1 mDKK), while net earnings were 1141.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.4 %, which can be considered excellent and Return on Equity (ROE) was 136.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tænketanken Frej's liquidity measured by quick ratio was 1.8 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 | |
---|---|---|---|
Volume | |||
Net sales | 2 706.88 | 4 047.37 | 5 775.11 |
Gross profit | 1 270.78 | 2 298.07 | 4 391.47 |
EBIT | 68.40 | - 110.01 | 1 141.09 |
Net earnings | 68.40 | - 110.01 | 1 141.09 |
Shareholders equity total | 311.19 | 264.06 | 1 405.15 |
Balance sheet total (assets) | 2 107.36 | 1 255.17 | 3 099.76 |
Net debt | - 442.23 | - 525.01 | -1 899.80 |
Profitability | |||
EBIT-% | 2.5 % | -2.7 % | 19.8 % |
ROA | 3.2 % | -6.5 % | 52.4 % |
ROE | 22.0 % | -38.2 % | 136.7 % |
ROI | 6.9 % | -17.5 % | 92.0 % |
Economic value added (EVA) | 68.40 | -69.28 | 1 154.20 |
Solvency | |||
Equity ratio | 14.8 % | 21.0 % | 45.3 % |
Gearing | 218.3 % | 57.7 % | |
Relative net indebtedness % | 24.9 % | 11.5 % | -17.6 % |
Liquidity | |||
Quick ratio | 1.2 | 1.2 | 1.8 |
Current ratio | 1.2 | 1.2 | 1.8 |
Cash and cash equivalents | 1 121.65 | 525.01 | 2 710.39 |
Capital use efficiency | |||
Trade debtors turnover (days) | 37.9 | 13.3 | 22.9 |
Net working capital % | 10.5 % | 5.9 % | 23.9 % |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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