FRIHEDENS REGNSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIHEDENS REGNSKAB ApS
FRIHEDENS REGNSKAB ApS (CVR number: 33366396) is a company from HVIDOVRE. The company reported a net sales of 0.8 mDKK in 2024, demonstrating a growth of 5.1 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0 mDKK), while net earnings were 7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRIHEDENS REGNSKAB ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 612.47 | 657.73 | 834.70 | 780.75 | 820.68 |
Gross profit | 513.43 | 583.91 | 737.48 | 674.75 | 752.91 |
EBIT | 20.80 | 18.23 | 63.60 | 51.11 | 9.93 |
Net earnings | 15.73 | 13.65 | 49.05 | 39.62 | 7.66 |
Shareholders equity total | 152.26 | 115.92 | 106.97 | 88.59 | 56.25 |
Balance sheet total (assets) | 288.13 | 284.51 | 430.75 | 297.93 | 194.09 |
Net debt | -83.43 | -54.25 | - 230.48 | - 143.33 | -82.60 |
Profitability | |||||
EBIT-% | 3.4 % | 2.8 % | 7.6 % | 6.5 % | 1.2 % |
ROA | 7.4 % | 6.4 % | 17.8 % | 14.0 % | 4.1 % |
ROE | 10.9 % | 10.2 % | 44.0 % | 40.5 % | 10.6 % |
ROI | 14.4 % | 13.6 % | 57.1 % | 52.3 % | 14.0 % |
Economic value added (EVA) | 9.38 | 6.57 | 43.80 | 34.49 | 3.31 |
Solvency | |||||
Equity ratio | 52.8 % | 40.7 % | 24.8 % | 29.7 % | 29.0 % |
Gearing | |||||
Relative net indebtedness % | 8.6 % | 17.4 % | 11.2 % | 8.5 % | 6.7 % |
Liquidity | |||||
Quick ratio | 1.3 | 0.7 | 1.0 | 1.1 | 1.2 |
Current ratio | 1.3 | 0.7 | 1.0 | 1.1 | 1.2 |
Cash and cash equivalents | 83.43 | 54.25 | 230.48 | 143.33 | 82.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.2 | 37.3 | 36.3 | 38.0 | 36.5 |
Net working capital % | 6.1 % | -6.9 % | -1.2 % | 2.0 % | 3.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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