FRIMAX HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIMAX HOLDING ApS
FRIMAX HOLDING ApS (CVR number: 33238835) is a company from SILKEBORG. The company recorded a gross profit of 59.8 kDKK in 2023. The operating profit was 11.1 kDKK, while net earnings were -23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39 %, 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. FRIMAX HOLDING ApS's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 48.18 | 50.85 | 45.26 | 54.61 | 59.78 |
EBIT | 2.38 | 2.85 | -3.47 | 5.88 | 11.05 |
Net earnings | 0.37 | -29.33 | -18.23 | -18.18 | -23.66 |
Shareholders equity total | 958.15 | 928.82 | 910.58 | 892.41 | 868.75 |
Balance sheet total (assets) | 2 414.27 | 2 345.46 | 2 289.08 | 2 669.63 | 2 229.38 |
Net debt | 1 349.49 | 1 375.80 | 1 355.96 | 1 315.58 | 1 304.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 0.1 % | -0.1 % | 0.2 % | 0.6 % |
ROE | 0.0 % | -3.1 % | -2.0 % | -2.0 % | -2.7 % |
ROI | 0.1 % | 0.1 % | -0.2 % | 0.2 % | 0.6 % |
Economic value added (EVA) | - 108.38 | - 110.26 | - 115.86 | - 107.73 | -79.82 |
Solvency | |||||
Equity ratio | 39.7 % | 39.6 % | 39.8 % | 33.4 % | 39.0 % |
Gearing | 149.2 % | 149.7 % | 148.9 % | 194.3 % | 151.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.5 | 0.4 | 0.9 | 0.5 |
Current ratio | 1.5 | 0.5 | 0.4 | 0.9 | 0.5 |
Cash and cash equivalents | 79.63 | 14.21 | 418.70 | 14.69 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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