FREDE MØLLER ApS — Credit Rating and Financial Key Figures

CVR number: 10847087
Gyvellunden 94, 6800 Varde
tel: 75224083

Company information

Official name
FREDE MØLLER ApS
Established
1987
Company form
Private limited company
Industry

About FREDE MØLLER ApS

FREDE MØLLER ApS (CVR number: 10847087) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were 6962.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.6 %, which can be considered excellent and Return on Equity (ROE) was 52.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDE MØLLER ApS's liquidity measured by quick ratio was 598.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.34-7.69-7.73
EBIT-7.34-7.69-7.73-7.70-7.90
Net earnings2 002.712 248.50- 640.483 886.236 962.78
Shareholders equity total9 075.479 073.977 333.4911 105.3315 568.11
Balance sheet total (assets)9 086.279 097.697 344.2911 116.1318 662.39
Net debt-1 874.54-2 635.67-2 559.19-2 459.14-3 378.34
Profitability
EBIT-%
ROA19.9 %25.0 %-6.1 %42.1 %46.6 %
ROE19.9 %24.8 %-7.8 %42.2 %52.2 %
ROI19.9 %25.0 %-6.1 %42.2 %52.0 %
Economic value added (EVA)218.05241.69220.63134.15325.32
Solvency
Equity ratio99.9 %99.7 %99.9 %99.9 %83.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio174.2111.3239.3229.8598.1
Current ratio174.2111.3239.3229.8598.1
Cash and cash equivalents1 874.542 635.672 559.192 459.143 378.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:46.6%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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