FRENA-DK ApS — Credit Rating and Financial Key Figures

CVR number: 21291870
Orebygaard 16, 4990 Sakskøbing

Company information

Official name
FRENA-DK ApS
Established
1998
Company form
Private limited company
Industry

About FRENA-DK ApS

FRENA-DK ApS (CVR number: 21291870) is a company from GULDBORGSUND. The company recorded a gross profit of -174.3 kDKK in 2024. The operating profit was -174.3 kDKK, while net earnings were 2360.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. FRENA-DK ApS's liquidity measured by quick ratio was 4.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 231.84- 208.29- 358.62- 102.13- 174.34
EBIT- 231.84- 208.29- 358.62- 102.13- 174.34
Net earnings- 189.87238.41-1 281.572 366.332 360.18
Shareholders equity total36 313.0539 509.5338 556.7640 706.5943 398.39
Balance sheet total (assets)37 872.0540 914.5738 622.8140 751.5954 529.60
Net debt1 331.891 214.05-13.43- 126.38-31 653.62
Profitability
EBIT-%
ROA-0.3 %1.1 %-3.4 %0.8 %5.7 %
ROE-0.5 %0.6 %-3.3 %6.0 %5.6 %
ROI-0.3 %1.1 %-3.4 %0.8 %5.7 %
Economic value added (EVA)-2 249.57-2 048.70-2 553.64-2 011.05-2 216.59
Solvency
Equity ratio95.9 %96.6 %99.8 %99.9 %79.6 %
Gearing4.2 %3.4 %0.1 %25.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.1484.3780.84.4
Current ratio0.20.1484.3780.84.4
Cash and cash equivalents182.11145.9934.47126.3842 722.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:5.66%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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