FREM CHARTER A/S — Credit Rating and Financial Key Figures

CVR number: 25496108
Skellet 16, 6000 Kolding
tel: 75526534

Company information

Official name
FREM CHARTER A/S
Established
2000
Company form
Limited company
Industry

About FREM CHARTER A/S

FREM CHARTER A/S (CVR number: 25496108) is a company from KOLDING. The company recorded a gross profit of 66.1 kDKK in 2017. The operating profit was 66.1 kDKK, while net earnings were 49.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FREM CHARTER A/S's liquidity measured by quick ratio was 1.7 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
2016
2017
Volume
Net sales
Gross profit-2.1766.10
EBIT- 982.0966.10
Net earnings- 771.1549.40
Shareholders equity total353.43402.83
Balance sheet total (assets)1 510.301 002.43
Net debt353.02- 429.83
Profitability
EBIT-%
ROA-64.0 %5.3 %
ROE-218.2 %13.1 %
ROI-94.0 %6.6 %
Economic value added (EVA)- 784.0064.50
Solvency
Equity ratio23.4 %40.2 %
Gearing190.9 %142.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.7
Current ratio1.31.7
Cash and cash equivalents321.601 002.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:5.26%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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