Frichs Pyrolysis ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frichs Pyrolysis ApS
Frichs Pyrolysis ApS (CVR number: 40922865) is a company from HORSENS. The company recorded a gross profit of -10356.7 kDKK in 2024. The operating profit was -25.5 mDKK, while net earnings were -20.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -64.3 %, which can be considered poor and Return on Equity (ROE) was -79.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frichs Pyrolysis ApS's liquidity measured by quick ratio was 2.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 788.39 | - 223.41 | 1 436.47 | 2 914.50 | -10 356.71 |
EBIT | -1 812.80 | -1 267.54 | - 831.67 | -10 967.16 | -25 533.92 |
Net earnings | -1 815.98 | - 932.07 | - 481.54 | -8 775.18 | -20 101.52 |
Shareholders equity total | - 275.98 | - 208.04 | 2 810.41 | 5 049.10 | -4 052.42 |
Balance sheet total (assets) | 89.82 | 268.13 | 3 469.46 | 29 940.86 | 45 407.96 |
Net debt | 175.29 | 148.83 | -2 370.88 | 2 158.11 | 2 907.56 |
Profitability | |||||
EBIT-% | |||||
ROA | -495.6 % | -301.1 % | -42.2 % | -65.6 % | -64.3 % |
ROE | -2021.9 % | -520.8 % | -31.3 % | -223.3 % | -79.7 % |
ROI | -858.5 % | -438.0 % | -52.3 % | -170.5 % | -222.3 % |
Economic value added (EVA) | -1 812.80 | - 925.76 | - 486.45 | -8 916.92 | -20 553.41 |
Solvency | |||||
Equity ratio | -54.9 % | 15.7 % | 81.0 % | 16.9 % | -17.3 % |
Gearing | -76.5 % | -176.7 % | 99.0 % | -71.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.2 | 5.3 | 1.4 | 2.3 |
Current ratio | 0.5 | 1.2 | 5.3 | 2.8 | 1.4 |
Cash and cash equivalents | 35.88 | 218.84 | 2 370.88 | 2 841.89 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | C | B | BB | B |
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