FREMIK Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREMIK Holding ApS
FREMIK Holding ApS (CVR number: 37828718) is a company from SLAGELSE. The company reported a net sales of -0 mDKK in 2023, demonstrating a growth of -2.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FREMIK Holding ApS's liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 30.83 | -2.92 | -2.61 | -2.32 | -2.27 |
Gross profit | 28.32 | -3.55 | -3.23 | -2.95 | -2.90 |
EBIT | 28.32 | -3.55 | -3.23 | -2.95 | -2.90 |
Net earnings | 28.77 | -4.63 | -2.13 | -3.05 | -2.81 |
Shareholders equity total | 97.32 | 42.69 | 40.56 | 37.51 | 34.70 |
Balance sheet total (assets) | 128.05 | 77.04 | 74.91 | 72.49 | 69.67 |
Net debt | 28.22 | 33.71 | 15.71 | 10.44 | 10.98 |
Profitability | |||||
EBIT-% | 91.9 % | ||||
ROA | 27.1 % | -3.4 % | -4.2 % | -4.0 % | -4.0 % |
ROE | 34.7 % | -6.6 % | -5.1 % | -7.8 % | -7.8 % |
ROI | 27.7 % | -3.5 % | -4.3 % | -4.0 % | -4.0 % |
Economic value added (EVA) | 30.52 | -2.77 | -2.51 | -1.48 | -1.14 |
Solvency | |||||
Equity ratio | 76.0 % | 55.4 % | 54.1 % | 51.8 % | 49.8 % |
Gearing | 29.0 % | 79.0 % | 83.1 % | 91.6 % | 99.0 % |
Relative net indebtedness % | 99.7 % | -1175.4 % | -626.5 % | -475.9 % | -510.3 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
Current ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
Cash and cash equivalents | 0.00 | 0.02 | 18.01 | 23.91 | 23.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -29.5 % | 370.4 % | 396.4 % | 475.9 % | 510.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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