Freddie2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Freddie2020 ApS
Freddie2020 ApS (CVR number: 41665564) is a company from KØGE. The company recorded a gross profit of 878.3 kDKK in 2023. The operating profit was 4.1 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Freddie2020 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 062.17 | 1 007.24 | 878.33 |
EBIT | 341.55 | 217.47 | 4.12 |
Net earnings | 259.97 | 164.61 | 2.01 |
Shareholders equity total | 299.97 | 464.58 | 466.60 |
Balance sheet total (assets) | 594.95 | 671.39 | 766.90 |
Net debt | - 366.66 | - 341.39 | - 321.65 |
Profitability | |||
EBIT-% | |||
ROA | 57.4 % | 34.3 % | 0.6 % |
ROE | 86.7 % | 43.1 % | 0.4 % |
ROI | 110.9 % | 55.2 % | 0.9 % |
Economic value added (EVA) | 263.29 | 171.27 | -1.31 |
Solvency | |||
Equity ratio | 50.4 % | 69.2 % | 60.8 % |
Gearing | 2.6 % | 3.3 % | 3.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.3 | 1.8 | 1.3 |
Current ratio | 2.0 | 3.2 | 2.6 |
Cash and cash equivalents | 374.55 | 356.56 | 336.82 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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