FRECLE ApS — Credit Rating and Financial Key Figures

CVR number: 33046057
Vilhelm Buhls Gade 21, 2300 København S
tel: 21777943

Company information

Official name
FRECLE ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About FRECLE ApS

FRECLE ApS (CVR number: 33046057) is a company from KØBENHAVN. The company recorded a gross profit of 74.5 kDKK in 2023. The operating profit was 74.5 kDKK, while net earnings were 56.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRECLE ApS's liquidity measured by quick ratio was 22.5 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 profit31.54359.949.4588.0674.50
EBIT31.54359.94- 109.8188.0674.50
Net earnings29.18275.57-30.3475.2156.85
Shareholders equity total83.08358.65328.31378.51435.37
Balance sheet total (assets)171.48441.42332.19391.34455.63
Net debt- 155.62- 435.87- 320.53- 381.59- 445.87
Profitability
EBIT-%
ROA19.3 %117.5 %-28.4 %24.3 %17.6 %
ROE26.9 %124.8 %-8.8 %21.3 %14.0 %
ROI28.8 %162.3 %-31.9 %24.9 %18.3 %
Economic value added (EVA)28.93283.72-74.0876.9857.98
Solvency
Equity ratio48.4 %81.2 %98.8 %96.7 %95.6 %
Gearing2.3 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.95.385.630.522.5
Current ratio1.95.385.630.522.5
Cash and cash equivalents157.52435.87322.44381.59445.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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