FRI CYKLER RINGKØBING ApS — Credit Rating and Financial Key Figures

CVR number: 26481236
Nørredige 10, 6950 Ringkøbing

Company information

Official name
FRI CYKLER RINGKØBING ApS
Personnel
3 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 1712 kDKK in 2023. The operating profit was 386.6 kDKK, while net earnings were 569.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.1 %, 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 9 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 profit2 149.412 475.742 818.022 474.461 712.01
EBIT811.761 097.841 443.251 172.55386.65
Net earnings621.251 266.49861.161 049.81569.65
Shareholders equity total3 388.914 355.404 916.565 666.365 936.02
Balance sheet total (assets)5 048.976 689.106 114.456 805.046 584.65
Net debt-4 019.12-4 180.84-4 146.75-5 288.66-5 221.63
Profitability
EBIT-%
ROA18.6 %27.7 %26.6 %20.9 %10.9 %
ROE18.7 %32.7 %18.6 %19.8 %9.8 %
ROI25.3 %41.4 %36.3 %25.2 %12.4 %
Economic value added (EVA)631.79888.141 117.12876.10283.05
Solvency
Equity ratio67.1 %65.1 %80.4 %83.3 %90.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.52.23.95.09.0
Current ratio3.02.85.16.010.7
Cash and cash equivalents4 019.124 180.844 146.755 288.665 221.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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