FREDERIKSVÆRK KARROSSERIFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 13733090
Åsebro 28, 3300 Frederiksværk

Credit rating

Company information

Official name
FREDERIKSVÆRK KARROSSERIFABRIK A/S
Personnel
9 persons
Established
1990
Company form
Limited company
Industry

About FREDERIKSVÆRK KARROSSERIFABRIK A/S

FREDERIKSVÆRK KARROSSERIFABRIK A/S (CVR number: 13733090) is a company from HALSNÆS. The company recorded a gross profit of 3480.7 kDKK in 2023. The operating profit was -411.5 kDKK, while net earnings were -374.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, 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. FREDERIKSVÆRK KARROSSERIFABRIK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit3 182.003 986.004 328.004 231.003 480.68
EBIT93.00583.00555.00616.00- 411.50
Net earnings13.00410.00384.00442.00- 374.58
Shareholders equity total2 576.002 986.003 371.003 584.002 609.80
Balance sheet total (assets)6 135.006 386.006 402.006 386.005 525.85
Net debt610.00115.00- 317.00- 313.00535.62
Profitability
EBIT-%
ROA1.7 %9.4 %8.8 %9.7 %-6.9 %
ROE0.5 %14.7 %12.1 %12.7 %-12.1 %
ROI2.3 %12.7 %11.7 %12.9 %-9.5 %
Economic value added (EVA)- 109.95301.41287.47339.61- 495.51
Solvency
Equity ratio42.0 %46.8 %52.7 %56.1 %47.2 %
Gearing59.3 %38.8 %32.9 %23.4 %42.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.31.50.9
Current ratio1.21.21.51.71.0
Cash and cash equivalents918.001 045.001 426.001 151.00562.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-6.89%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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