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FREDE MATZEN ApS — Credit Rating and Financial Key Figures

CVR number: 19961273
Enderup Møllevej 6, Råhede 6760 Ribe
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Credit rating

Company information

Official name
FREDE MATZEN ApS
Personnel
3 persons
Established
1997
Domicile
Råhede
Company form
Private limited company
Industry

About FREDE MATZEN ApS

FREDE MATZEN ApS (CVR number: 19961273) is a company from ESBJERG. The company recorded a gross profit of 516 kDKK in 2024. The operating profit was -372.4 kDKK, while net earnings were -289.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.8 %, which can be considered poor and Return on Equity (ROE) was -53.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREDE MATZEN ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 582.701 352.881 287.40972.03516.03
EBIT409.94158.0382.89- 180.08- 372.37
Net earnings322.00117.6263.55- 136.05- 289.64
Shareholders equity total937.95755.57819.12683.06393.43
Balance sheet total (assets)1 618.171 476.611 413.731 298.722 809.85
Net debt- 128.74165.62- 103.85- 398.67- 194.63
Profitability
EBIT-%
ROA27.3 %10.6 %6.0 %-12.5 %-17.8 %
ROE41.4 %13.9 %8.1 %-18.1 %-53.8 %
ROI46.3 %17.0 %9.0 %-20.0 %-54.0 %
Economic value added (EVA)282.9068.3116.61- 192.22- 325.61
Solvency
Equity ratio58.0 %51.2 %57.9 %52.6 %14.0 %
Gearing5.2 %22.5 %21.9 %68.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.02.32.01.1
Current ratio2.32.02.42.11.2
Cash and cash equivalents177.144.72283.31398.67463.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-17.8%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.0%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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