FREKVENS IO ApS — Credit Rating and Financial Key Figures

CVR number: 36391987
Toften 23, 9000 Aalborg

Company information

Official name
FREKVENS IO ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About FREKVENS IO ApS

FREKVENS IO ApS (CVR number: 36391987) is a company from AALBORG. The company recorded a gross profit of 4.5 kDKK in 2024. The operating profit was 4.5 kDKK, while net earnings were 4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -7.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FREKVENS IO ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit44.98-31.48-17.89-13.974.50
EBIT44.07-31.48-17.89-13.974.50
Net earnings33.30-25.28-51.86-13.974.50
Shareholders equity total87.3562.0810.21-1.96-4.04
Balance sheet total (assets)106.8367.0821.3920.0450.05
Net debt-74.55-18.184.2316.5738.64
Profitability
EBIT-%
ROA47.9 %-36.2 %-40.4 %-64.4 %11.8 %
ROE43.8 %-33.8 %-143.5 %-92.4 %12.8 %
ROI54.3 %-40.8 %-45.7 %-84.1 %13.2 %
Economic value added (EVA)30.64-29.59-15.82-14.793.74
Solvency
Equity ratio81.8 %92.5 %47.8 %-8.9 %-7.5 %
Gearing5.8 %58.7 %-868.2 %-1260.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.513.41.90.90.9
Current ratio5.513.41.90.90.9
Cash and cash equivalents79.5818.181.770.4212.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.47%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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