Frimor Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41020431
Ribovej 7, Rindum 6950 Ringkøbing
jacob@fungerium.dk
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Company information

Official name
Frimor Holding ApS
Established
2019
Domicile
Rindum
Company form
Private limited company
Industry

About Frimor Holding ApS

Frimor Holding ApS (CVR number: 41020431) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -42.1 kDKK in 2024. The operating profit was -42.1 kDKK, while net earnings were 1003.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. Frimor Holding ApS's liquidity measured by quick ratio was 3.5 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 profit-16.63-24.91-26.36-34.15-42.12
EBIT-16.63-24.91-26.36-34.15-42.12
Net earnings1 152.11846.95965.931 511.261 003.81
Shareholders equity total1 834.352 624.803 476.334 869.785 751.59
Balance sheet total (assets)3 054.983 579.084 135.316 516.077 735.66
Net debt-1 109.20-1 722.96-2 671.48-4 229.86-5 497.00
Profitability
EBIT-%
ROA60.8 %36.8 %25.7 %31.8 %21.7 %
ROE89.6 %38.0 %31.7 %36.2 %18.9 %
ROI70.8 %40.0 %26.7 %33.9 %23.6 %
Economic value added (EVA)-50.54- 152.03- 195.08- 224.94- 337.39
Solvency
Equity ratio60.0 %73.3 %84.1 %74.7 %74.4 %
Gearing43.8 %32.3 %13.5 %24.4 %22.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.93.37.24.83.5
Current ratio1.93.37.24.83.5
Cash and cash equivalents1 913.552 571.663 141.575 416.826 792.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:21.7%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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