FRIT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIT ApS
FRIT ApS (CVR number: 27331319) is a company from ROSKILDE. The company recorded a gross profit of 410 kDKK in 2024. The operating profit was -24.7 kDKK, while net earnings were -14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRIT ApS's liquidity measured by quick ratio was 2.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 348.00 | 383.00 | 380.00 | 345.00 | 409.97 |
| EBIT | -5.00 | -1.00 | 17.00 | -15.00 | -24.69 |
| Net earnings | -10.00 | -6.00 | 6.00 | -64.00 | -14.30 |
| Shareholders equity total | 212.00 | 206.00 | 213.00 | 148.00 | 134.29 |
| Balance sheet total (assets) | 414.00 | 318.00 | 340.00 | 333.00 | 230.72 |
| Net debt | - 341.00 | - 242.00 | - 260.00 | - 255.00 | - 227.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.3 % | -0.3 % | 5.5 % | -4.2 % | -4.0 % |
| ROE | -4.6 % | -2.9 % | 2.9 % | -35.5 % | -10.1 % |
| ROI | -2.3 % | -0.5 % | 8.6 % | -7.8 % | -8.0 % |
| Economic value added (EVA) | -3.69 | 5.28 | 12.01 | -12.64 | -19.31 |
| Solvency | |||||
| Equity ratio | 51.2 % | 64.8 % | 62.6 % | 44.4 % | 58.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 2.2 | 2.1 | 1.7 | 2.4 |
| Current ratio | 1.7 | 2.2 | 2.1 | 1.7 | 2.4 |
| Cash and cash equivalents | 341.00 | 242.00 | 260.00 | 255.00 | 227.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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