FRIMAX HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33238835
Remstrupvej 36, 8600 Silkeborg
Mark@kristensen.at
tel: 31466207

Credit rating

Company information

Official name
FRIMAX HOLDING ApS
Established
2010
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit48.1850.8545.2654.6159.78
EBIT2.382.85-3.475.8811.05
Net earnings0.37-29.33-18.23-18.18-23.66
Shareholders equity total958.15928.82910.58892.41868.75
Balance sheet total (assets)2 414.272 345.462 289.082 669.632 229.38
Net debt1 349.491 375.801 355.961 315.581 304.15
Profitability
EBIT-%
ROA0.1 %0.1 %-0.1 %0.2 %0.6 %
ROE0.0 %-3.1 %-2.0 %-2.0 %-2.7 %
ROI0.1 %0.1 %-0.2 %0.2 %0.6 %
Economic value added (EVA)- 108.38- 110.26- 115.86- 107.73-79.82
Solvency
Equity ratio39.7 %39.6 %39.8 %33.4 %39.0 %
Gearing149.2 %149.7 %148.9 %194.3 %151.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.50.40.90.5
Current ratio1.50.50.40.90.5
Cash and cash equivalents79.6314.21418.7014.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.61%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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