FRIMANN BILER A/S — Credit Rating and Financial Key Figures

CVR number: 73693918
Energivej 2, 4800 Nykøbing F
tel: 54859800

Company information

Official name
FRIMANN BILER A/S
Personnel
54 persons
Established
1984
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales208.05242.85233.55265.55187.33
Gross profit208.05242.85233.5537.9429.24
EBIT3.646.076.853.463.46
Net earnings3.325.616.143.532.42
Shareholders equity total16.0121.6222.7611.3013.71
Balance sheet total (assets)45.9850.7850.5545.3333.10
Net debt11.891.13
Profitability
EBIT-%1.8 %2.5 %2.9 %1.3 %1.8 %
ROA7.8 %12.5 %13.5 %9.8 %9.0 %
ROE23.1 %29.8 %27.7 %20.7 %19.3 %
ROI7.8 %12.5 %13.5 %12.4 %16.8 %
Economic value added (EVA)3.005.275.761.552.52
Solvency
Equity ratio100.0 %100.0 %100.0 %25.5 %42.5 %
Gearing124.8 %22.6 %
Relative net indebtedness %12.0 %9.3 %
Liquidity
Quick ratio0.30.6
Current ratio0.91.2
Cash and cash equivalents2.211.97
Capital use efficiency
Trade debtors turnover (days)8.311.3
Net working capital %-1.6 %2.5 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:9.02%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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