M/S FRIHEDEN ApS — Credit Rating and Financial Key Figures

CVR number: 31330505
Lykkevej 6, 2670 Greve

Credit rating

Company information

Official name
M/S FRIHEDEN ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon50Water transport

About M/S FRIHEDEN ApS

M/S FRIHEDEN ApS (CVR number: 31330505) is a company from GREVE. The company recorded a gross profit of 445.5 kDKK in 2023. The operating profit was 358.5 kDKK, while net earnings were 297.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47 %, which can be considered excellent and Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M/S FRIHEDEN ApS's liquidity measured by quick ratio was 7.4 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
20192020202120222023
Volume
Net sales
Gross profit268.25258.19191.56392.32445.52
EBIT95.6385.5718.94219.71358.46
Net earnings75.3270.4423.15184.75297.29
Shareholders equity total741.38611.82534.96619.72767.01
Balance sheet total (assets)926.83764.65642.75738.73883.50
Net debt-29.56- 119.36-32.19-69.22- 215.96
Profitability
EBIT-%
ROA10.8 %10.8 %4.3 %34.3 %47.0 %
ROE10.7 %10.4 %4.0 %32.0 %42.9 %
ROI11.5 %11.6 %4.6 %38.6 %54.1 %
Economic value added (EVA)43.4530.76-9.97146.11251.93
Solvency
Equity ratio80.0 %80.0 %83.2 %83.9 %86.8 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.54.66.56.27.4
Current ratio4.54.66.56.27.4
Cash and cash equivalents29.56119.3632.1969.22215.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:47.0%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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