K/S FREDERICIA - VESTERBALLEVEJ — Credit Rating and Financial Key Figures

CVR number: 10129923
Svalevænget 7, Hjerting 6710 Esbjerg V

Credit rating

Company information

Official name
K/S FREDERICIA - VESTERBALLEVEJ
Personnel
1 person
Established
2002
Domicile
Hjerting
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S FREDERICIA - VESTERBALLEVEJ

K/S FREDERICIA - VESTERBALLEVEJ (CVR number: 10129923) is a company from ESBJERG. The company recorded a gross profit of 2758 kDKK in 2023. The operating profit was 2461.3 kDKK, while net earnings were 2019.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -52 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S FREDERICIA - VESTERBALLEVEJ's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 570.041 344.722 143.422 258.062 757.98
EBIT1 330.041 097.391 894.561 930.592 461.30
Net earnings1 013.74812.251 447.071 530.612 019.29
Shareholders equity total-23 865.80-22 653.55-21 139.70-19 595.88-17 571.30
Balance sheet total (assets)16 295.0016 483.9216 310.0016 789.3616 220.00
Net debt38 832.4836 506.0435 312.4332 655.9031 494.27
Profitability
EBIT-%
ROA3.2 %2.8 %4.9 %5.2 %7.0 %
ROE6.2 %5.0 %8.8 %9.2 %12.2 %
ROI3.3 %2.9 %5.3 %5.6 %7.6 %
Economic value added (EVA)1 164.54843.941 675.831 715.742 288.43
Solvency
Equity ratio-59.4 %-57.9 %-56.4 %-53.9 %-52.0 %
Gearing-162.7 %-161.1 %-167.0 %-169.0 %-179.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.00.00.00.10.0
Cash and cash equivalents455.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.01%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-52.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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