FREJ Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 39207389
Nibevej 225, 9200 Aalborg SV
gt@tlbyg.dk
tel: 20853211

Company information

Official name
FREJ Ejendomme A/S
Personnel
1 person
Established
2017
Company form
Limited company
Industry

About FREJ Ejendomme A/S

FREJ Ejendomme A/S (CVR number: 39207389) is a company from AALBORG. The company recorded a gross profit of 6437.4 kDKK in 2023. The operating profit was 6456.4 kDKK, while net earnings were 4337 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. FREJ Ejendomme A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 029.736 126.805 713.196 072.676 437.42
EBIT6 111.736 176.807 044.186 647.676 456.42
Net earnings3 307.354 425.155 178.644 659.524 337.04
Shareholders equity total47 653.7452 112.0657 290.6952 950.2155 187.25
Balance sheet total (assets)103 830.51105 602.66108 352.37101 639.57101 989.16
Net debt44 326.4740 114.1538 622.7036 214.3631 481.32
Profitability
EBIT-%
ROA6.0 %6.0 %6.7 %6.4 %6.4 %
ROE7.2 %8.9 %9.5 %8.5 %8.0 %
ROI6.2 %6.2 %6.9 %6.6 %6.6 %
Economic value added (EVA)232.99322.241 026.17530.93713.96
Solvency
Equity ratio45.9 %49.3 %52.9 %52.1 %54.1 %
Gearing99.3 %84.8 %71.8 %72.2 %65.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.82.41.00.9
Current ratio1.81.82.41.00.9
Cash and cash equivalents2 982.874 074.502 501.602 009.424 487.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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