FRI HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRI HOLDING A/S
FRI HOLDING A/S (CVR number: 21779482) is a company from FURESØ. The company recorded a gross profit of -75.4 kDKK in 2023. The operating profit was -75.4 kDKK, while net earnings were 10 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRI HOLDING A/S's liquidity measured by quick ratio was 20.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 114.33 | -79.92 | -59.90 | -58.95 | -75.40 |
EBIT | - 114.33 | -79.92 | -59.90 | -58.95 | -75.40 |
Net earnings | 3 225.28 | 2 734.41 | 26 281.53 | 4 868.11 | 10 023.67 |
Shareholders equity total | 70 106.99 | 68 566.40 | 90 572.94 | 90 441.05 | 96 164.72 |
Balance sheet total (assets) | 70 860.44 | 68 895.41 | 93 729.66 | 92 609.06 | 98 506.99 |
Net debt | -48 548.90 | -43 192.14 | -46 739.80 | -44 034.95 | -39 459.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 4.5 % | 33.2 % | 10.6 % | 11.6 % |
ROE | 4.7 % | 3.9 % | 33.0 % | 5.4 % | 10.7 % |
ROI | 5.8 % | 4.5 % | 33.6 % | 10.9 % | 11.9 % |
Economic value added (EVA) | - 930.98 | - 946.62 | -1 115.83 | -1 547.98 | -1 891.00 |
Solvency | |||||
Equity ratio | 98.9 % | 99.5 % | 96.6 % | 97.7 % | 97.6 % |
Gearing | 0.7 % | 1.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 66.4 | 133.5 | 16.2 | 21.8 | 20.8 |
Current ratio | 66.4 | 133.5 | 16.2 | 21.8 | 20.8 |
Cash and cash equivalents | 49 056.74 | 43 192.14 | 48 349.54 | 44 034.95 | 39 459.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | AA |
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