Fremas ApS

CVR number: 38035703
Hejringvej 4, Snæbum 9500 Hobro

Credit rating

Company information

Official name
Fremas ApS
Established
2016
Domicile
Snæbum
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

Fremas ApS (CVR number: 38035703) is a company from MARIAGERFJORD. The company recorded a gross profit of -39.7 kDKK in 2023. The operating profit was -78.6 kDKK, while net earnings were 1202.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 37.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. Fremas ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit40.49297.17503.06-15.31-39.66
EBIT40.49280.10464.09-54.28-78.63
Net earnings355.10- 214.39917.31962.891 202.39
Shareholders equity total935.55721.161 638.462 601.363 803.75
Balance sheet total (assets)1 383.27989.534 090.224 898.605 917.37
Net debt-13.26- 452.23728.33786.33917.92
Profitability
EBIT-%
ROA31.9 %-12.6 %40.4 %21.4 %22.2 %
ROE46.8 %-25.9 %77.8 %45.4 %37.5 %
ROI48.1 %-17.9 %38.2 %18.8 %19.4 %
Economic value added (EVA)58.42247.63380.59102.64133.06
Solvency
Equity ratio67.6 %72.9 %40.1 %53.1 %64.3 %
Gearing91.5 %57.7 %39.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.71.11.11.0
Current ratio1.41.81.11.11.1
Cash and cash equivalents13.26452.23771.67713.67582.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:22.2%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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