FREDE ANDERSEN & SØN A/S — Credit Rating and Financial Key Figures

FREDE ANDERSEN & SØN A/S (CVR number: 10063639) is a company from NÆSTVED. The company reported a net sales of 404.6 mDKK in 2023, demonstrating a growth of 4.5 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 11.2 mDKK), while net earnings were 6474.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. FREDE ANDERSEN & SØN A/S'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.