FRIGG Production ApS

CVR number: 41287357
Omega 9, Søften 8382 Hinnerup

Credit rating

Company information

Official name
FRIGG Production ApS
Established
2020
Domicile
Søften
Company form
Private limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About FRIGG Production ApS

FRIGG Production ApS (CVR number: 41287357) is a company from FAVRSKOV. The company recorded a gross profit of -660.9 kDKK in 2023. The operating profit was -3154.8 kDKK, while net earnings were -3863.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FRIGG Production ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit- 487.46630.90-2 967.29- 660.87
EBIT- 489.74-5 957.67-10 039.96-3 154.78
Net earnings- 683.09-4 706.94-8 613.30-3 863.39
Shareholders equity total356.91-4 350.03-12 963.33-16 826.72
Balance sheet total (assets)10 343.9834 184.3133 904.0032 266.84
Net debt5 355.3427 256.1323 800.3632 361.46
Profitability
EBIT-%
ROA-4.7 %-24.4 %-23.4 %-6.1 %
ROE-191.4 %-27.3 %-25.3 %-11.7 %
ROI-5.5 %-26.7 %-26.5 %-7.2 %
Economic value added (EVA)- 597.15-4 421.48-7 603.33-1 724.56
Solvency
Equity ratio3.5 %-11.3 %-27.7 %-34.3 %
Gearing1504.9 %-626.6 %-183.6 %-192.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.50.20.2
Current ratio0.50.70.30.3
Cash and cash equivalents15.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-6.15%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-34.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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