Frela Handel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 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 total | 4 119.00 | 3 997.00 | 676.00 | 437.00 | 153.15 |
Balance sheet total (assets) | 5 137.00 | 4 009.00 | 707.00 | 485.00 | 235.52 |
Net debt | 761.00 | - 107.00 | -21.00 | 14.00 | -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 ratio | 80.2 % | 99.7 % | 95.6 % | 90.1 % | 65.0 % |
Gearing | 19.6 % | 3.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.0 | 330.9 | 22.0 | 9.7 | 2.7 |
Current ratio | 5.0 | 334.1 | 22.8 | 10.1 | 2.9 |
Cash and cash equivalents | 47.00 | 107.00 | 21.00 | 65.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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