FREDSØE ApS — Credit Rating and Financial Key Figures

CVR number: 28294603
Præstegårdsvænget 3 B, 7755 Bedsted Thy
tvonp@outlook.dk
tel: 24266240

Credit rating

Company information

Official name
FREDSØE ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit787.25518.9281.92653.66- 156.34
EBIT218.34163.10- 130.04451.00- 248.40
Net earnings202.80124.35- 107.69354.16- 179.60
Shareholders equity total487.33586.68478.99833.15653.55
Balance sheet total (assets)708.57772.33675.201 263.42914.91
Net debt- 160.04-51.30- 373.11- 331.87-0.41
Profitability
EBIT-%
ROA35.6 %22.0 %-18.0 %47.5 %-20.3 %
ROE50.3 %23.2 %-20.2 %54.0 %-24.2 %
ROI54.0 %30.3 %-24.3 %68.6 %-29.1 %
Economic value added (EVA)202.51112.27- 128.98345.76- 219.96
Solvency
Equity ratio68.8 %76.0 %70.9 %65.9 %71.4 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.93.42.22.12.3
Current ratio2.93.42.22.12.3
Cash and cash equivalents161.0951.30373.11331.870.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-20.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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