Frimor Holding ApS — Credit Rating and Financial Key Figures

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

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 -34.2 kDKK in 2023. The operating profit was -34.2 kDKK, while net earnings were 1511.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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 4.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-13.04-16.63-24.91-26.36-34.15
EBIT-13.04-16.63-24.91-26.36-34.15
Net earnings-12.461 152.11846.95965.931 511.26
Shareholders equity total737.541 834.352 624.803 476.334 869.78
Balance sheet total (assets)891.133 054.983 579.084 135.316 516.07
Net debt10.14-1 109.20-1 722.96-2 671.48-4 229.86
Profitability
EBIT-%
ROA-1.5 %60.8 %36.8 %25.7 %31.8 %
ROE-1.7 %89.6 %38.0 %31.7 %36.2 %
ROI-1.7 %70.8 %40.0 %26.7 %33.9 %
Economic value added (EVA)-12.37-12.3422.2314.48-5.77
Solvency
Equity ratio82.8 %60.0 %73.3 %84.1 %74.7 %
Gearing1.4 %43.8 %32.3 %13.5 %24.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.93.37.24.8
Current ratio0.91.93.37.24.8
Cash and cash equivalents1 913.552 571.663 141.575 416.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:31.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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