FRIHEDSMINDE A/S — Credit Rating and Financial Key Figures

CVR number: 36030461
Frihedsmindevej 35, 4840 Nørre Alslev
erik@begtrup.net.dk
tel: 54487000

Company information

Official name
FRIHEDSMINDE A/S
Personnel
1 person
Established
2014
Company form
Limited company
Industry

About FRIHEDSMINDE A/S

FRIHEDSMINDE A/S (CVR number: 36030461) is a company from GULDBORGSUND. The company recorded a gross profit of 2038.7 kDKK in 2023. The operating profit was 1616.4 kDKK, while net earnings were 570.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. FRIHEDSMINDE A/S's liquidity measured by quick ratio was 1 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 profit1 231.661 116.45902.214 562.452 038.65
EBIT864.59741.55531.723 925.841 616.38
Net earnings- 262.14379.73290.172 803.12570.20
Shareholders equity total20 476.7520 856.4821 146.6523 949.7724 219.97
Balance sheet total (assets)45 590.3645 726.3645 473.6445 539.6645 341.02
Net debt19 538.9518 890.9919 252.5015 666.8815 449.29
Profitability
EBIT-%
ROA1.9 %1.6 %1.3 %8.6 %3.6 %
ROE-1.3 %1.8 %1.4 %12.4 %2.4 %
ROI1.9 %1.6 %1.3 %8.7 %3.7 %
Economic value added (EVA)-1 269.68-1 371.68-1 505.771 007.78- 761.74
Solvency
Equity ratio44.9 %45.6 %46.5 %52.6 %53.4 %
Gearing98.3 %95.6 %92.8 %67.5 %66.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.60.61.0
Current ratio0.40.70.60.61.0
Cash and cash equivalents581.771 050.48375.72488.64574.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.63%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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