FRENIK ApS — Credit Rating and Financial Key Figures

CVR number: 21769584
Tuborg Havnepark 16, 2900 Hellerup

Company information

Official name
FRENIK ApS
Established
1999
Company form
Private limited company
Industry

About FRENIK ApS

FRENIK ApS (CVR number: 21769584) is a company from GENTOFTE. The company recorded a gross profit of -45.3 kDKK in 2023. The operating profit was -45.3 kDKK, while net earnings were 168.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRENIK ApS's liquidity measured by quick ratio was 357.7 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 profit-9.63-10.13-9.75-10.25-45.35
EBIT-9.63-10.13-9.75-10.25-45.35
Net earnings-12.07-1.01321.001 515.49168.23
Shareholders equity total1 681.241 680.232 001.233 516.723 567.15
Balance sheet total (assets)1 719.491 728.612 059.353 526.723 577.15
Net debt-27.55-36.60-43.96-3 525.08-3 576.09
Profitability
EBIT-%
ROA-0.6 %-0.1 %-17.1 %-55.0 %-7.3 %
ROE-0.7 %-0.1 %17.4 %54.9 %4.7 %
ROI-0.6 %-0.1 %17.4 %55.2 %4.8 %
Economic value added (EVA)-93.67-93.22-92.34- 108.60-44.93
Solvency
Equity ratio97.8 %97.2 %97.2 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.8352.7357.7
Current ratio0.70.80.8352.7357.7
Cash and cash equivalents27.5536.6043.963 525.083 576.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-7.29%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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