H. & J. Frimann Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About H. & J. Frimann Holding ApS
H. & J. Frimann Holding ApS (CVR number: 38403524) is a company from GULDBORGSUND. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were 266 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H. & J. Frimann Holding ApS's liquidity measured by quick ratio was 4.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.41 | -8.00 | -6.29 | -6.27 | -6.70 |
EBIT | -7.41 | -8.00 | -6.29 | -6.27 | -6.70 |
Net earnings | 661.65 | 254.97 | 924.07 | 275.87 | 266.03 |
Shareholders equity total | 1 514.91 | 1 659.28 | 2 222.98 | 2 384.44 | 2 532.67 |
Balance sheet total (assets) | 1 580.04 | 1 832.65 | 2 511.11 | 2 550.44 | 2 771.79 |
Net debt | 12.71 | 75.33 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 50.2 % | 15.0 % | 42.6 % | 11.1 % | 10.3 % |
ROE | 53.6 % | 16.1 % | 47.6 % | 12.0 % | 10.8 % |
ROI | 53.1 % | 15.7 % | 46.7 % | 12.2 % | 11.1 % |
Economic value added (EVA) | 36.33 | 68.93 | 77.04 | 86.90 | 76.53 |
Solvency | |||||
Equity ratio | 95.9 % | 90.5 % | 88.5 % | 93.5 % | 91.4 % |
Gearing | 0.8 % | 4.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.3 | 1.6 | 3.0 | 4.2 |
Current ratio | 2.6 | 1.3 | 1.6 | 3.0 | 4.2 |
Cash and cash equivalents | 0.10 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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