FREY SOFTWARE ApS

APSBankruptAdvertising protection

CVR 29630321Vandtårnsvej 62A, 2860 SøborgWholesale of information and communication equipment· NACE 4650Est. 2006 · 20 years old1 employees

Overview

FREY SOFTWARE ApS is a Danish APS based in Søborg, operating in the Wholesale of information and communication equipment sector. Incorporated in 2006, the company has 1 employee and reported a gross profit of DKK 1.1m in its latest annual filing.

Gross profit 2021

1.1M DKK

−32% vs 2020

EBITDA margin (of gross profit)

35.9 %

−57% vs 2020

Net profit 2021

0.3M DKK

-56% vs 2020

Key ratios

See full ratios →

47.8 %

Average

Around the average of companies in the same industry

20172021

1.8×

Average

Around the average of companies in the same industry

20172021

22.9 %

Very strong

Among the 20% highest rated companies in the industry

20172021

EBITDA — year on year

DKK thousands

Key figures

Annual report 2021

Gross profit	1.1M DKK	-32%
EBITDA	0.4M DKK	-57%
Net profit	0.3M DKK	-56%
Total assets	1.4M DKK	-37%
Equity	0.7M DKK	-34%
Employees	1	—

Contact

Address

Vandtårnsvej 62A, 2860 Søborg

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Financial development

In its most recent annual report (2021), FREY SOFTWARE ApS reported a gross profit of DKK 1.1m, a decrease of 32% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of DKK 311.7k, and the EBITDA margin stood at 35.9%.

At the end of 2021, equity financed 47.8% of the balance sheet, and current assets covered short-term debt 1.8 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2021	2020	2019	2018	2017
Gross profit	1,095	1,619	1,898	1,852	1,895
Staff expenses	-703	-707	-802	-910	-1,274
EBITDA	393	912	1,096	942	621
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	393	912	1,096	942	621
Net financials	8	-4	-3	-10	-2
Profit before tax	400	908	1,093	932	619
Tax	89	200	241	205	136
Net profit	312	708	852	727	483

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Balance sheet

DKK thousands

Item	2021	2020	2019	2018	2017
Total assets	1,360	2,148	1,428	1,357	1,178
Equity	650	989	1,081	929	682
Long-term debt	0	0	0	0	0
Short-term debt	710	1,159	347	428	495
Total debt	710	1,159	347	428	495

Financial ratios

5-year trend

EBITDA margin (of gross profit)

35.9 %

20172021

Equity ratio

47.8 %

Average

Around the average of companies in the same industry

20172021

Return on equity

47.9 %

Very strong

Among the 20% highest rated companies in the industry

20172021

Net profit margin (of gross profit)

28.5 %

20172021

Asset turnover (of gross profit)

0.81×

20172021

Debt / equity

1.09×

Average

Around the average of companies in the same industry

20172021

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 30% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the CVR number of FREY SOFTWARE ApS?

FREY SOFTWARE ApS is registered with CVR / Virk under CVR 29630321.

What is the gross profit of FREY SOFTWARE ApS?

FREY SOFTWARE ApS reported a gross profit of DKK 1.1m in 2021.

How many employees does FREY SOFTWARE ApS have?

FREY SOFTWARE ApS employs 1 people as of the latest annual report.

Where is FREY SOFTWARE ApS headquartered?

FREY SOFTWARE ApS's registered address is Vandtårnsvej 62A, 1. e.