FREJA TRANSPORT & LOGISTICS HOLDING A/S
Credit rating
Company information
About FREJA TRANSPORT & LOGISTICS HOLDING A/S
FREJA TRANSPORT & LOGISTICS HOLDING A/S (CVR number: 35839224) is a company from SKIVE. The company recorded a gross profit of 49.1 mDKK in 2023. The operating profit was 1228 kDKK, while net earnings were 150.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FREJA TRANSPORT & LOGISTICS HOLDING A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 482.00 | 11 470.00 | 34 652.00 | 45 699.00 | 49 071.00 |
EBIT | - 711.00 | 571.00 | 3 746.00 | 2 527.00 | 1 228.00 |
Net earnings | 54 193.00 | 31 230.00 | 48 265.00 | 81 771.00 | 150 153.00 |
Shareholders equity total | 325 917.00 | 406 194.00 | 429 459.00 | 476 230.00 | 544 883.00 |
Balance sheet total (assets) | 560 590.00 | 783 322.00 | 796 519.00 | 801 930.00 | 827 956.00 |
Net debt | 232 946.00 | 424 411.00 | 387 505.00 | 299 551.00 | 238 257.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.6 % | 10.0 % | 4.8 % | 11.6 % | 20.5 % |
ROE | 18.1 % | 8.5 % | 11.6 % | 18.1 % | 29.4 % |
ROI | 10.6 % | 9.6 % | 4.5 % | 11.6 % | 20.9 % |
Economic value added (EVA) | - 544.05 | 8 552.26 | 17 454.09 | 15 239.91 | 11 919.94 |
Solvency | |||||
Equity ratio | 58.1 % | 51.7 % | 53.8 % | 59.4 % | 65.8 % |
Gearing | 71.8 % | 105.5 % | 91.1 % | 64.4 % | 49.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.3 | 0.3 | 0.5 |
Current ratio | 0.1 | 0.2 | 0.3 | 0.3 | 0.5 |
Cash and cash equivalents | 1 136.00 | 4 078.00 | 3 764.00 | 7 142.00 | 29 376.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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