Frela Handel ApS — Credit Rating and Financial Key Figures

CVR number: 33034083
Engvej 20, 2300 København S

Company information

Official name
Frela Handel ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About Frela Handel ApS

Frela Handel ApS (CVR number: 33034083) is a company from KØBENHAVN. The company recorded a gross profit of -54.4 kDKK in 2022. The operating profit was -292.4 kDKK, while net earnings were -284.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -78.1 %, which can be considered poor and Return on Equity (ROE) was -96.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65 %, 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. Frela Handel ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-72.00- 101.00- 201.00- 218.00-54.37
EBIT-82.00- 101.00- 201.00- 258.00- 292.37
Net earnings- 244.00- 122.00- 121.00- 239.00- 284.13
Shareholders equity total4 119.003 997.00676.00437.00153.15
Balance sheet total (assets)5 137.004 009.00707.00485.00235.52
Net debt761.00- 107.00-21.0014.00-65.00
Profitability
EBIT-%
ROA-4.5 %-1.2 %-5.1 %-39.9 %-78.1 %
ROE-5.8 %-3.0 %-5.2 %-42.9 %-96.3 %
ROI-4.6 %-1.3 %-5.2 %-42.2 %-93.2 %
Economic value added (EVA)- 281.21- 276.33- 396.47- 290.91- 314.33
Solvency
Equity ratio80.2 %99.7 %95.6 %90.1 %65.0 %
Gearing19.6 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.0330.922.09.72.7
Current ratio5.0334.122.810.12.9
Cash and cash equivalents47.00107.0021.0065.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-78.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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