FRINOVA A/S — Credit Rating and Financial Key Figures

CVR number: 70144417
Varnæsvej 145, 6200 Aabenraa
kk@frinova.dk
tel: 74750020

Company information

Official name
FRINOVA A/S
Personnel
1 person
Established
1982
Company form
Limited company
Industry

About FRINOVA A/S

FRINOVA A/S (CVR number: 70144417) is a company from AABENRAA. The company recorded a gross profit of 4982.7 kDKK in 2024. The operating profit was 2615.5 kDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. FRINOVA A/S's liquidity measured by quick ratio was 5.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 004.715 110.664 644.635 582.724 982.68
EBIT3 329.93436.372 235.373 134.482 615.47
Net earnings5 070.2210 838.47-13 601.4715 300.2114 578.96
Shareholders equity total137 031.90145 870.36130 268.89142 569.10155 148.06
Balance sheet total (assets)159 657.68164 352.56161 372.82177 976.83194 350.75
Net debt- 102 428.42- 114 774.84- 118 790.70- 136 856.95- 153 191.59
Profitability
EBIT-%
ROA6.2 %8.8 %3.4 %10.2 %10.8 %
ROE3.7 %7.7 %-9.9 %11.2 %9.8 %
ROI6.6 %9.2 %3.7 %11.7 %12.5 %
Economic value added (EVA)-4 824.37-7 250.67-5 765.42-4 122.77-5 735.62
Solvency
Equity ratio85.8 %88.8 %80.7 %80.1 %79.8 %
Gearing9.7 %8.0 %8.3 %8.4 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio12.218.46.25.85.5
Current ratio12.218.46.25.85.5
Cash and cash equivalents115 657.26126 463.57129 579.76148 855.47163 160.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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