FRIHEDEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 29518181
Slotsherrensvej 215, 2610 Rødovre

Credit rating

Company information

Official name
FRIHEDEN EJENDOMME ApS
Personnel
7 persons
Established
2006
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 366.285 407.224 841.174 208.394 542.56
EBIT45.00629.72878.70-65.04- 287.70
Net earnings-2.02176.99282.69-21.36- 436.23
Shareholders equity total2 587.692 764.683 047.373 026.012 589.78
Balance sheet total (assets)10 122.2614 915.6313 993.3010 093.6110 354.78
Net debt5 398.674 219.354 106.125 533.224 505.90
Profitability
EBIT-%
ROA5.7 %5.0 %6.1 %3.4 %-2.6 %
ROE-0.1 %6.6 %9.7 %-0.7 %-15.5 %
ROI6.5 %5.8 %6.9 %3.8 %-3.1 %
Economic value added (EVA)4.8312.11418.69- 211.93- 676.17
Solvency
Equity ratio25.6 %18.5 %21.8 %30.0 %25.0 %
Gearing235.9 %364.6 %313.9 %184.0 %240.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.11.00.7
Current ratio0.81.01.11.00.7
Cash and cash equivalents706.175 860.775 458.2835.611 713.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-2.62%
Rating: 17/100
-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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