FRIMANN BILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIMANN BILER A/S
FRIMANN BILER A/S (CVR number: 73693918) is a company from GULDBORGSUND. The company reported a net sales of 187.3 mDKK in 2024, demonstrating a decline of -29.5 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 3.5 mDKK), while net earnings were 2416.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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. FRIMANN BILER A/S's liquidity measured by quick ratio was 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 208.05 | 242.85 | 233.55 | 265.55 | 187.33 |
Gross profit | 208.05 | 242.85 | 233.55 | 37.94 | 29.24 |
EBIT | 3.64 | 6.07 | 6.85 | 3.46 | 3.46 |
Net earnings | 3.32 | 5.61 | 6.14 | 3.53 | 2.42 |
Shareholders equity total | 16.01 | 21.62 | 22.76 | 11.30 | 13.71 |
Balance sheet total (assets) | 45.98 | 50.78 | 50.55 | 45.33 | 33.10 |
Net debt | 11.89 | 1.13 | |||
Profitability | |||||
EBIT-% | 1.8 % | 2.5 % | 2.9 % | 1.3 % | 1.8 % |
ROA | 7.8 % | 12.5 % | 13.5 % | 9.8 % | 9.0 % |
ROE | 23.1 % | 29.8 % | 27.7 % | 20.7 % | 19.3 % |
ROI | 7.8 % | 12.5 % | 13.5 % | 12.4 % | 16.8 % |
Economic value added (EVA) | 3.00 | 5.27 | 5.76 | 1.55 | 2.52 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 25.5 % | 42.5 % |
Gearing | 124.8 % | 22.6 % | |||
Relative net indebtedness % | 12.0 % | 9.3 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.6 | |||
Current ratio | 0.9 | 1.2 | |||
Cash and cash equivalents | 2.21 | 1.97 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.3 | 11.3 | |||
Net working capital % | -1.6 % | 2.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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