FRI CYKLER RINGKØBING ApS — Credit Rating and Financial Key Figures

CVR number: 26481236
Nørredige 10, 6950 Ringkøbing
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Company information

Official name
FRI CYKLER RINGKØBING ApS
Personnel
4 persons
Established
2002
Company form
Private limited company
Industry

About FRI CYKLER RINGKØBING ApS

FRI CYKLER RINGKØBING ApS (CVR number: 26481236) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1839.9 kDKK in 2024. The operating profit was 450.7 kDKK, while net earnings were 458.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRI CYKLER RINGKØBING ApS's liquidity measured by quick ratio was 5.5 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 profit2 475.742 818.022 474.461 712.011 839.88
EBIT1 097.841 443.251 172.55386.65450.72
Net earnings1 266.49861.161 049.81569.65458.07
Shareholders equity total4 355.404 916.565 666.365 936.026 094.09
Balance sheet total (assets)6 689.106 114.456 805.046 584.657 211.88
Net debt-4 180.84-4 146.75-5 288.66-5 221.63-5 818.57
Profitability
EBIT-%
ROA27.7 %26.6 %20.9 %10.9 %9.1 %
ROE32.7 %18.6 %19.8 %9.8 %7.6 %
ROI41.4 %36.3 %25.2 %12.4 %10.3 %
Economic value added (EVA)683.39903.95664.0914.4049.33
Solvency
Equity ratio65.1 %80.4 %83.3 %90.1 %84.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.23.95.09.05.5
Current ratio2.85.16.010.76.6
Cash and cash equivalents4 180.844 146.755 288.665 221.635 818.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.11%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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