FRH Handel ApS — Credit Rating and Financial Key Figures

CVR number: 40485961
Hou Strandpark 18, Hou 8300 Odder
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Credit rating

Company information

Official name
FRH Handel ApS
Established
2019
Domicile
Hou
Company form
Private limited company
Industry

About FRH Handel ApS

FRH Handel ApS (CVR number: 40485961) is a company from ODDER. The company recorded a gross profit of 29.7 kDKK in 2024. The operating profit was 20.9 kDKK, while net earnings were -12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FRH Handel ApS's liquidity measured by quick ratio was 62.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.00108.0787.3559.0829.66
EBIT-4.0099.6178.5650.2920.88
Net earnings-38.1955.5131.7411.23-12.70
Shareholders equity total-54.191.3233.0644.2831.58
Balance sheet total (assets)3 479.163 640.413 611.253 823.323 870.28
Net debt3 325.912 983.062 968.492 962.502 959.61
Profitability
EBIT-%
ROA-0.2 %2.8 %2.2 %1.4 %0.5 %
ROE-1.9 %3.2 %184.7 %29.0 %-33.5 %
ROI-0.2 %2.8 %2.2 %1.4 %0.5 %
Economic value added (EVA)-32.67-84.87- 116.53- 141.13- 175.48
Solvency
Equity ratio-1.5 %0.0 %0.9 %1.2 %0.8 %
Gearing-6454.3 %267827.8 %10708.2 %8413.7 %11889.9 %
Relative net indebtedness %
Liquidity
Quick ratio90.35.826.1104.162.1
Current ratio90.35.826.1104.162.8
Cash and cash equivalents171.88546.91571.54763.43795.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.54%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.82%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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