Credit rating
Company information
About FREMTEK A/S
FREMTEK A/S (CVR number: 42065811) is a company from HORSENS. The company recorded a gross profit of -25.6 kDKK in 2019. The operating profit was -25.6 kDKK, while net earnings were -75.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREMTEK A/S's liquidity measured by quick ratio was 108.3 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -26.00 | -30.00 | -51.00 | -25.56 |
EBIT | -26.00 | -30.00 | -51.00 | -25.56 |
Net earnings | 11.00 | 223.00 | 74.00 | -75.62 |
Shareholders equity total | 4 269.00 | 4 385.00 | 4 350.00 | 4 161.34 |
Balance sheet total (assets) | 4 294.00 | 4 410.00 | 4 375.00 | 4 192.10 |
Net debt | -2 396.00 | - 712.00 | -2 170.00 | -3 317.49 |
Profitability | ||||
EBIT-% | ||||
ROA | 0.5 % | 5.1 % | 1.7 % | -0.2 % |
ROE | 0.3 % | 5.2 % | 1.7 % | -1.8 % |
ROI | 0.5 % | 5.2 % | 1.7 % | -0.2 % |
Economic value added (EVA) | -26.00 | - 124.12 | - 235.57 | - 135.11 |
Solvency | ||||
Equity ratio | 99.4 % | 99.4 % | 99.4 % | 99.3 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 96.1 | 28.7 | 87.5 | 108.3 |
Current ratio | 96.1 | 28.7 | 87.5 | 108.3 |
Cash and cash equivalents | 2 396.00 | 712.00 | 2 170.00 | 3 317.49 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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