Credit rating
Company information
About FREDE ANDERSEN HOLDING A/S
FREDE ANDERSEN HOLDING A/S (CVR number: 46019415) is a company from AARHUS. The company recorded a gross profit of 5097.6 kDKK in 2022. The operating profit was 1295.3 kDKK, while net earnings were 4892.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. FREDE ANDERSEN HOLDING A/S's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 201.38 | 3 708.08 | 5 128.49 | 5 159.44 | 5 097.65 |
EBIT | -1 780.40 | - 438.20 | 2 731.78 | 2 276.58 | 1 295.31 |
Net earnings | 3 966.50 | 2 156.95 | 8 079.96 | 10 687.55 | 4 892.35 |
Shareholders equity total | 74 966.56 | 76 123.51 | 83 676.30 | 93 880.74 | 97 882.80 |
Balance sheet total (assets) | 175 137.83 | 169 632.61 | 170 182.27 | 176 005.60 | 184 545.69 |
Net debt | 76 383.87 | 73 883.84 | 66 877.02 | 65 805.79 | 68 669.31 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.9 % | 1.1 % | 3.9 % | 3.9 % | 4.0 % |
ROE | 5.4 % | 2.9 % | 10.1 % | 12.0 % | 5.1 % |
ROI | 3.6 % | 2.6 % | 6.4 % | 7.6 % | 4.0 % |
Economic value added (EVA) | -8 344.97 | -6 881.36 | -3 744.55 | -4 438.69 | -5 747.26 |
Solvency | |||||
Equity ratio | 42.8 % | 44.9 % | 49.2 % | 53.3 % | 53.0 % |
Gearing | 107.2 % | 103.2 % | 87.2 % | 73.8 % | 73.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.6 | 4.4 | 4.7 | 3.6 |
Current ratio | 2.6 | 3.6 | 4.4 | 4.7 | 3.6 |
Cash and cash equivalents | 3 969.23 | 4 659.53 | 6 098.57 | 3 517.68 | 3 011.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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