FRIHEDEN EJENDOMSSELSKAB APS — Credit Rating and Financial Key Figures

CVR number: 32298346
Slotsherrensvej 215, 2610 Rødovre

Credit rating

Company information

Official name
FRIHEDEN EJENDOMSSELSKAB APS
Personnel
7 persons
Established
2013
Company form
Private limited company
Industry

About FRIHEDEN EJENDOMSSELSKAB APS

FRIHEDEN EJENDOMSSELSKAB APS (CVR number: 32298346) is a company from RØDOVRE. The company recorded a gross profit of 16.1 mDKK in 2023. The operating profit was 21.2 mDKK, while net earnings were 8844 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. FRIHEDEN EJENDOMSSELSKAB APS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit19 344.395 623.1016 087.153 197.2816 134.89
EBIT18 652.6117 623.1053 646.557 797.2821 234.89
Net earnings6 605.418 748.5536 553.3120 626.248 843.95
Shareholders equity total70 821.8879 570.44116 123.75136 749.99145 593.94
Balance sheet total (assets)360 655.89365 666.20405 177.83398 946.47406 035.77
Net debt250 664.93243 783.19235 013.80206 744.90202 627.00
Profitability
EBIT-%
ROA5.3 %5.0 %14.1 %8.8 %5.3 %
ROE9.6 %11.6 %37.4 %16.3 %6.3 %
ROI5.5 %5.2 %14.6 %9.1 %5.5 %
Economic value added (EVA)-2 316.78-1 713.8426 065.27-11 133.8481.17
Solvency
Equity ratio19.7 %21.8 %28.7 %34.3 %35.9 %
Gearing355.3 %310.0 %206.1 %151.7 %140.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.90.50.00.1
Current ratio1.20.80.50.00.1
Cash and cash equivalents993.932 917.034 285.69646.471 983.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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