HENRIK FRUERGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 21317578
H.C. Ørsteds Vej 28 C, 1879 Frederiksberg C
nina@fgaard.dk
tel: 20320883

Company information

Official name
HENRIK FRUERGAARD ApS
Established
1998
Company form
Private limited company
Industry

About HENRIK FRUERGAARD ApS

HENRIK FRUERGAARD ApS (CVR number: 21317578) is a company from FREDERIKSBERG. The company recorded a gross profit of -448.2 kDKK in 2023. The operating profit was -448.2 kDKK, while net earnings were 39.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HENRIK FRUERGAARD ApS's liquidity measured by quick ratio was 70.7 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 sales49 866.63
Gross profit49 434.37- 244.53- 661.22- 675.55- 448.21
EBIT49 434.37- 244.53- 661.22- 675.55- 448.21
Net earnings76 118.9756 651.7268 913.343 523.9039 863.19
Shareholders equity total302 982.26424 617.29477 150.63480 674.53520 537.72
Balance sheet total (assets)327 486.44455 334.63480 004.22481 225.49525 143.35
Net debt- 150 528.58- 166 647.42- 222 674.43- 220 935.80- 260 001.86
Profitability
EBIT-%99.1 %
ROA27.1 %17.8 %16.7 %8.4 %11.6 %
ROE28.7 %15.6 %15.3 %0.7 %8.0 %
ROI27.2 %17.8 %16.8 %8.4 %11.6 %
Economic value added (EVA)47 803.161 823.415 454.867 026.976 403.19
Solvency
Equity ratio92.5 %93.3 %99.4 %99.9 %99.1 %
Gearing7.7 %6.6 %0.5 %0.1 %0.3 %
Relative net indebtedness %-299.7 %
Liquidity
Quick ratio9.08.394.6501.470.7
Current ratio9.08.394.6501.470.7
Cash and cash equivalents173 960.32194 735.26224 944.48221 253.69261 401.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %94.7 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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