Freke ApS — Credit Rating and Financial Key Figures

CVR number: 28989075
Pileurtvej 3, Rødding 8830 Tjele

Company information

Official name
Freke ApS
Personnel
1 person
Established
2005
Domicile
Rødding
Company form
Private limited company
Industry

About Freke ApS

Freke ApS (CVR number: 28989075) is a company from VIBORG. The company recorded a gross profit of 261.9 kDKK in 2023. The operating profit was -110.4 kDKK, while net earnings were -162.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Freke ApS's liquidity measured by quick ratio was 69.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.13-69.91- 218.47622.00261.93
EBIT-3.13-85.94- 289.46619.00- 110.40
Net earnings765.97695.04-1 230.51132.00- 162.92
Shareholders equity total11 498.2511 837.9910 607.488 136.007 493.78
Balance sheet total (assets)11 638.9911 974.6410 787.878 468.007 587.93
Net debt111.61-8 594.55-5 693.70-2 298.00- 168.98
Profitability
EBIT-%
ROA6.9 %9.0 %17.5 %8.4 %2.7 %
ROE6.9 %6.0 %-11.0 %1.4 %-2.1 %
ROI6.9 %9.0 %17.6 %8.6 %2.7 %
Economic value added (EVA)-69.74-95.51- 385.94229.22- 377.96
Solvency
Equity ratio98.8 %98.9 %98.3 %96.1 %98.8 %
Gearing1.0 %0.6 %0.2 %0.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio21.0121.557.225.369.9
Current ratio21.0122.858.525.580.6
Cash and cash equivalents1.918 661.385 715.392 332.00185.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBB

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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