FREDSØE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDSØE ApS
FREDSØE ApS (CVR number: 28294603) is a company from THISTED. The company recorded a gross profit of -156.3 kDKK in 2023. The operating profit was -248.4 kDKK, while net earnings were -179.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.3 %, which can be considered poor and Return on Equity (ROE) was -24.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FREDSØE ApS's liquidity measured by quick ratio was 2.3 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 | 787.25 | 518.92 | 81.92 | 653.66 | - 156.34 |
EBIT | 218.34 | 163.10 | - 130.04 | 451.00 | - 248.40 |
Net earnings | 202.80 | 124.35 | - 107.69 | 354.16 | - 179.60 |
Shareholders equity total | 487.33 | 586.68 | 478.99 | 833.15 | 653.55 |
Balance sheet total (assets) | 708.57 | 772.33 | 675.20 | 1 263.42 | 914.91 |
Net debt | - 160.04 | -51.30 | - 373.11 | - 331.87 | -0.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.6 % | 22.0 % | -18.0 % | 47.5 % | -20.3 % |
ROE | 50.3 % | 23.2 % | -20.2 % | 54.0 % | -24.2 % |
ROI | 54.0 % | 30.3 % | -24.3 % | 68.6 % | -29.1 % |
Economic value added (EVA) | 202.51 | 112.27 | - 128.98 | 345.76 | - 219.96 |
Solvency | |||||
Equity ratio | 68.8 % | 76.0 % | 70.9 % | 65.9 % | 71.4 % |
Gearing | 0.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 3.4 | 2.2 | 2.1 | 2.3 |
Current ratio | 2.9 | 3.4 | 2.2 | 2.1 | 2.3 |
Cash and cash equivalents | 161.09 | 51.30 | 373.11 | 331.87 | 0.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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