FRIHAVNEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIHAVNEN ApS
FRIHAVNEN ApS (CVR number: 34709343) is a company from KØBENHAVN. The company recorded a gross profit of 542.3 kDKK in 2023. The operating profit was -156.6 kDKK, while net earnings were -122.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. FRIHAVNEN ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 793.87 | 748.27 | 1 055.69 | 815.22 | 542.28 |
EBIT | 170.23 | 115.48 | 417.66 | 209.64 | - 156.56 |
Net earnings | 117.01 | 88.94 | 323.86 | 163.14 | - 122.31 |
Shareholders equity total | 75.57 | 164.50 | 488.36 | 651.50 | 529.19 |
Balance sheet total (assets) | 1 180.91 | 1 140.43 | 1 068.79 | 1 047.18 | 931.94 |
Net debt | 564.12 | 336.21 | 94.21 | -95.50 | 115.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 9.9 % | 37.9 % | 19.8 % | -15.8 % |
ROE | 21.5 % | 74.1 % | 99.2 % | 28.6 % | -20.7 % |
ROI | 19.2 % | 14.3 % | 55.9 % | 27.6 % | -20.6 % |
Economic value added (EVA) | 121.35 | 97.55 | 329.09 | 147.39 | - 144.33 |
Solvency | |||||
Equity ratio | 6.4 % | 14.4 % | 45.7 % | 62.2 % | 56.8 % |
Gearing | 1054.4 % | 353.8 % | 53.6 % | 17.9 % | 41.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.5 | 0.7 | 0.5 |
Current ratio | 0.3 | 0.4 | 0.5 | 0.9 | 0.7 |
Cash and cash equivalents | 232.68 | 245.82 | 167.43 | 212.08 | 105.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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