Fri 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 42019526
Jyllands Alle 11, 7700 Thisted

Credit rating

Company information

Official name
Fri 2020 ApS
Established
2021
Company form
Private limited company
Industry

About Fri 2020 ApS

Fri 2020 ApS (CVR number: 42019526) is a company from THISTED. The company recorded a gross profit of -4.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were 128.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fri 2020 ApS's liquidity measured by quick ratio was 86.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.50-1.30-6.20-4.50-4.50
EBIT-7.5026.36-6.20-4.50-4.50
Net earnings2.75160.47- 214.06105.42128.44
Shareholders equity total3 405.282 240.741 912.281 899.901 906.34
Balance sheet total (assets)3 413.552 285.471 919.781 907.401 928.67
Net debt-2 285.47-1 868.65-1 886.00-1 928.67
Profitability
EBIT-%
ROA0.1 %7.0 %-0.3 %7.1 %8.6 %
ROE0.1 %5.7 %-10.3 %5.5 %6.7 %
ROI0.1 %7.0 %-0.3 %7.1 %8.7 %
Economic value added (EVA)-7.50- 149.64-2.76-5.70-4.21
Solvency
Equity ratio99.8 %98.0 %99.6 %99.6 %98.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio428.651.1256.0254.386.4
Current ratio428.651.1256.0254.386.4
Cash and cash equivalents2 285.471 868.651 886.001 928.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:8.59%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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