FREIA FORELLEN EKSPORT A/S — Credit Rating and Financial Key Figures

CVR number: 88441516
Smedegade 24, Tofterup 7200 Grindsted
tel: 75337459
freia-forellen.dk

Credit rating

Company information

Official name
FREIA FORELLEN EKSPORT A/S
Personnel
41 persons
Established
1979
Domicile
Tofterup
Company form
Limited company
Industry
  • Expand more icon463220

About FREIA FORELLEN EKSPORT A/S

FREIA FORELLEN EKSPORT A/S (CVR number: 88441516) is a company from VARDE. The company recorded a gross profit of 15.6 mDKK in 2023. The operating profit was 3201.1 kDKK, while net earnings were 2348 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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. FREIA FORELLEN EKSPORT A/S's liquidity measured by quick ratio was 1.7 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 profit13 769.4616 856.6515 871.8212 418.6015 588.88
EBIT2 591.273 772.833 262.77260.473 201.06
Net earnings1 848.512 826.162 685.38295.802 348.02
Shareholders equity total6 046.427 972.589 257.977 553.769 901.78
Balance sheet total (assets)17 384.0123 939.4021 192.4123 158.7924 500.80
Net debt386.93-7 663.18-1 692.503 576.383 697.41
Profitability
EBIT-%
ROA16.9 %18.4 %15.9 %2.2 %14.0 %
ROE36.1 %40.3 %31.2 %3.5 %26.9 %
ROI36.5 %43.4 %36.0 %4.3 %25.3 %
Economic value added (EVA)1 850.672 634.912 495.81- 180.622 084.09
Solvency
Equity ratio34.8 %33.3 %43.7 %32.6 %40.4 %
Gearing32.9 %15.3 %12.5 %52.9 %45.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.81.41.7
Current ratio1.51.51.81.41.7
Cash and cash equivalents1 600.188 882.112 846.13416.05770.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.4%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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