Frema Proces Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frema Proces Holding ApS
Frema Proces Holding ApS (CVR number: 39255634) is a company from FURESØ. The company recorded a gross profit of 990.8 kDKK in 2023, demonstrating a growth of 11.8 % compared to the previous year. The operating profit was 229 kDKK, while net earnings were 176.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. Frema Proces Holding 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 | 3 786.89 | 3 786.89 | |||
Gross profit | 1 186.06 | 556.49 | 923.01 | 886.09 | 990.81 |
EBIT | 462.04 | 19.90 | 240.55 | 206.52 | 229.03 |
Net earnings | 356.62 | 2.25 | 178.87 | 157.04 | 176.88 |
Shareholders equity total | 618.18 | 520.43 | 699.30 | 856.34 | 883.22 |
Balance sheet total (assets) | 1 004.29 | 1 239.10 | 1 121.65 | 2 855.84 | 1 395.85 |
Net debt | - 536.01 | - 794.17 | - 790.16 | - 272.56 | - 996.10 |
Profitability | |||||
EBIT-% | 6.4 % | 5.5 % | |||
ROA | 61.1 % | 1.8 % | 20.8 % | 10.4 % | 10.8 % |
ROE | 81.1 % | 0.4 % | 29.3 % | 20.2 % | 20.3 % |
ROI | 97.3 % | 3.4 % | 40.2 % | 26.7 % | 26.3 % |
Economic value added (EVA) | 363.73 | 17.54 | 204.27 | 170.17 | 155.08 |
Solvency | |||||
Equity ratio | 61.6 % | 42.0 % | 62.3 % | 30.0 % | 63.3 % |
Gearing | |||||
Relative net indebtedness % | -9.7 % | 45.6 % | |||
Liquidity | |||||
Quick ratio | 2.8 | 1.7 | 2.6 | 1.4 | 2.6 |
Current ratio | 2.8 | 1.7 | 2.7 | 1.4 | 2.7 |
Cash and cash equivalents | 536.01 | 794.17 | 790.16 | 272.56 | 996.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.8 | 246.0 | |||
Net working capital % | 18.5 % | 22.6 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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