FREMFORSK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREMFORSK ApS
FREMFORSK ApS (CVR number: 26687454) is a company from AARHUS. The company recorded a gross profit of 1316.1 kDKK in 2024. The operating profit was 39.5 kDKK, while net earnings were -85.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. FREMFORSK ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 398.48 | 2 584.44 | 2 773.60 | 2 348.91 | 1 316.12 |
EBIT | - 213.17 | 855.67 | 877.73 | 286.20 | 39.53 |
Net earnings | - 173.32 | 638.49 | 583.21 | 110.44 | -85.59 |
Shareholders equity total | 205.96 | 844.45 | 1 313.26 | 1 305.90 | 1 098.31 |
Balance sheet total (assets) | 1 283.51 | 2 123.02 | 4 818.52 | 4 580.62 | 4 162.43 |
Net debt | - 130.24 | -1 157.89 | 2 520.72 | 1 454.57 | 1 876.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.3 % | 50.2 % | 25.3 % | 6.1 % | 0.9 % |
ROE | -59.2 % | 121.6 % | 54.1 % | 8.4 % | -7.1 % |
ROI | -71.6 % | 158.1 % | 32.9 % | 7.2 % | 1.2 % |
Economic value added (EVA) | - 186.64 | 653.94 | 634.03 | -15.44 | - 139.99 |
Solvency | |||||
Equity ratio | 16.0 % | 39.8 % | 27.3 % | 28.5 % | 26.4 % |
Gearing | 2.2 % | 0.5 % | 239.1 % | 170.8 % | 198.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.5 | 0.8 | 0.8 | 0.6 |
Current ratio | 1.0 | 1.5 | 0.8 | 0.8 | 0.6 |
Cash and cash equivalents | 134.70 | 1 161.75 | 619.00 | 776.04 | 299.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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