FREDE MATZEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDE MATZEN ApS
FREDE MATZEN ApS (CVR number: 19961273) is a company from ESBJERG. The company recorded a gross profit of 956.2 kDKK in 2023. The operating profit was -180.1 kDKK, while net earnings were -136.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -18.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. FREDE MATZEN ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 271.57 | 1 582.70 | 1 352.88 | 1 287.40 | 956.21 |
EBIT | 151.06 | 409.94 | 158.03 | 82.89 | - 180.08 |
Net earnings | 103.76 | 322.00 | 117.62 | 63.55 | - 136.05 |
Shareholders equity total | 615.94 | 937.95 | 755.57 | 819.12 | 683.06 |
Balance sheet total (assets) | 1 424.41 | 1 618.17 | 1 476.61 | 1 413.73 | 1 298.72 |
Net debt | 112.69 | - 128.74 | 165.62 | - 103.85 | - 398.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 27.3 % | 10.6 % | 6.0 % | -12.2 % |
ROE | 13.6 % | 41.4 % | 13.9 % | 8.1 % | -18.1 % |
ROI | 17.8 % | 46.3 % | 17.0 % | 9.0 % | -19.6 % |
Economic value added (EVA) | 89.17 | 294.62 | 80.17 | 25.81 | - 168.66 |
Solvency | |||||
Equity ratio | 43.2 % | 58.0 % | 51.2 % | 57.9 % | 52.6 % |
Gearing | 27.1 % | 5.2 % | 22.5 % | 21.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.3 | 2.0 | 2.3 | 2.0 |
Current ratio | 1.7 | 2.3 | 2.0 | 2.4 | 2.1 |
Cash and cash equivalents | 54.32 | 177.14 | 4.72 | 283.31 | 398.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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