Fri Bikeshop B2B ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fri Bikeshop B2B ApS
Fri Bikeshop B2B ApS (CVR number: 39947161) is a company from FREDERIKSBERG. The company recorded a gross profit of -29.2 kDKK in 2023. The operating profit was -29.2 kDKK, while net earnings were -20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.7 %, which can be considered poor and Return on Equity (ROE) was -24.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fri Bikeshop B2B ApS's liquidity measured by quick ratio was 2.6 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 | 268.50 | 183.74 | 318.46 | -26.85 | -29.23 |
EBIT | 267.19 | 181.26 | 134.00 | -44.43 | -29.23 |
Net earnings | 202.16 | 135.25 | 96.46 | -34.61 | -20.83 |
Shareholders equity total | 252.16 | 387.40 | 246.46 | 136.85 | 31.02 |
Balance sheet total (assets) | 340.56 | 543.31 | 360.56 | 164.57 | 50.20 |
Net debt | - 122.60 | - 356.36 | - 146.66 | -3.21 | -1.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 78.5 % | 41.0 % | 29.7 % | -15.4 % | -23.7 % |
ROE | 80.2 % | 42.3 % | 30.4 % | -18.1 % | -24.8 % |
ROI | 106.0 % | 56.7 % | 42.3 % | -21.1 % | -30.2 % |
Economic value added (EVA) | 208.21 | 132.03 | 100.20 | -39.77 | -29.53 |
Solvency | |||||
Equity ratio | 74.0 % | 71.3 % | 68.4 % | 83.2 % | 61.8 % |
Gearing | 3.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.5 | 1.7 | 5.9 | 2.6 |
Current ratio | 3.2 | 3.1 | 2.7 | 5.9 | 2.6 |
Cash and cash equivalents | 122.60 | 356.36 | 146.66 | 3.21 | 2.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | B |
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