FRIHEDENS REGNSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 33366396
Catherine Boothsvej 25, 2650 Hvidovre

Company information

Official name
FRIHEDENS REGNSKAB ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales612.47657.73834.70780.75820.68
Gross profit513.43583.91737.48674.75752.91
EBIT20.8018.2363.6051.119.93
Net earnings15.7313.6549.0539.627.66
Shareholders equity total152.26115.92106.9788.5956.25
Balance sheet total (assets)288.13284.51430.75297.93194.09
Net debt-83.43-54.25- 230.48- 143.33-82.60
Profitability
EBIT-%3.4 %2.8 %7.6 %6.5 %1.2 %
ROA7.4 %6.4 %17.8 %14.0 %4.1 %
ROE10.9 %10.2 %44.0 %40.5 %10.6 %
ROI14.4 %13.6 %57.1 %52.3 %14.0 %
Economic value added (EVA)9.386.5743.8034.493.31
Solvency
Equity ratio52.8 %40.7 %24.8 %29.7 %29.0 %
Gearing
Relative net indebtedness %8.6 %17.4 %11.2 %8.5 %6.7 %
Liquidity
Quick ratio1.30.71.01.11.2
Current ratio1.30.71.01.11.2
Cash and cash equivalents83.4354.25230.48143.3382.60
Capital use efficiency
Trade debtors turnover (days)50.237.336.338.036.5
Net working capital %6.1 %-6.9 %-1.2 %2.0 %3.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.11%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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