FRIEBA-El APS — Credit Rating and Financial Key Figures

CVR number: 38118889
J M Terkelsens Vej 28, 6731 Tjæreborg
jf@frieba-el.dk
tel: 73709838
www.Frieba-el.dk

Credit rating

Company information

Official name
FRIEBA-El APS
Personnel
9 persons
Established
2016
Company form
Private limited company
Industry

About FRIEBA-El APS

FRIEBA-El APS (CVR number: 38118889) is a company from ESBJERG. The company recorded a gross profit of 5383.7 kDKK in 2024. The operating profit was 443.1 kDKK, while net earnings were 258.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRIEBA-El APS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit6 460.495 292.556 118.556 575.295 383.68
EBIT796.80555.95830.23669.92443.13
Net earnings592.47413.63599.18433.92258.61
Shareholders equity total2 127.392 451.021 700.191 534.111 267.72
Balance sheet total (assets)3 932.804 695.844 721.705 206.135 064.09
Net debt-1 484.82-1 020.70225.53- 341.701 247.51
Profitability
EBIT-%
ROA21.1 %13.0 %17.9 %13.6 %8.7 %
ROE31.6 %18.1 %28.9 %26.8 %18.5 %
ROI39.6 %24.0 %32.4 %23.8 %14.5 %
Economic value added (EVA)521.11321.77514.64373.98187.75
Solvency
Equity ratio54.1 %52.2 %36.0 %29.5 %25.0 %
Gearing0.2 %51.4 %87.1 %135.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.91.41.31.3
Current ratio2.12.01.51.41.3
Cash and cash equivalents1 484.821 026.77649.191 678.45467.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.65%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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