FRIHEDEN EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIHEDEN EJENDOMME ApS
FRIHEDEN EJENDOMME ApS (CVR number: 29518181) is a company from RØDOVRE. The company recorded a gross profit of 4542.6 kDKK in 2023. The operating profit was -287.7 kDKK, while net earnings were -436.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. 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. FRIHEDEN EJENDOMME ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 366.28 | 5 407.22 | 4 841.17 | 4 208.39 | 4 542.56 |
EBIT | 45.00 | 629.72 | 878.70 | -65.04 | - 287.70 |
Net earnings | -2.02 | 176.99 | 282.69 | -21.36 | - 436.23 |
Shareholders equity total | 2 587.69 | 2 764.68 | 3 047.37 | 3 026.01 | 2 589.78 |
Balance sheet total (assets) | 10 122.26 | 14 915.63 | 13 993.30 | 10 093.61 | 10 354.78 |
Net debt | 5 398.67 | 4 219.35 | 4 106.12 | 5 533.22 | 4 505.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 5.0 % | 6.1 % | 3.4 % | -2.6 % |
ROE | -0.1 % | 6.6 % | 9.7 % | -0.7 % | -15.5 % |
ROI | 6.5 % | 5.8 % | 6.9 % | 3.8 % | -3.1 % |
Economic value added (EVA) | 4.83 | 12.11 | 418.69 | - 211.93 | - 676.17 |
Solvency | |||||
Equity ratio | 25.6 % | 18.5 % | 21.8 % | 30.0 % | 25.0 % |
Gearing | 235.9 % | 364.6 % | 313.9 % | 184.0 % | 240.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.1 | 1.0 | 0.7 |
Current ratio | 0.8 | 1.0 | 1.1 | 1.0 | 0.7 |
Cash and cash equivalents | 706.17 | 5 860.77 | 5 458.28 | 35.61 | 1 713.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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