FREDHEIM HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20608544
Vibe Alle 3, Brønsholm 2980 Kokkedal

Credit rating

Company information

Official name
FREDHEIM HOLDING A/S
Established
1997
Domicile
Brønsholm
Company form
Limited company
Industry

About FREDHEIM HOLDING A/S

FREDHEIM HOLDING A/S (CVR number: 20608544K) is a company from FREDENSBORG. The company reported a net sales of 177.7 mDKK in 2023, demonstrating a decline of -7 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 10 mDKK), while net earnings were 18.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDHEIM HOLDING A/S's liquidity measured by quick ratio was 18 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales0.140.330.19191.11177.73
Gross profit0.140.330.1981.8265.08
EBIT-0.010.03-0.0234.019.98
Net earnings0.150.000.0144.6618.16
Shareholders equity total0.650.650.66705.08723.36
Balance sheet total (assets)1.050.720.72746.98761.22
Net debt- 405.07- 402.39
Profitability
EBIT-%-7.6 %9.5 %-9.0 %17.8 %5.6 %
ROA-0.0 %3.5 %-2.4 %16.5 %4.2 %
ROE0.1 %0.5 %1.4 %12.7 %2.5 %
ROI-0.0 %3.5 %-2.4 %17.1 %4.4 %
Economic value added (EVA)9.83-0.00-0.0526.4018.48
Solvency
Equity ratio100.0 %100.0 %100.0 %94.5 %95.2 %
Gearing
Relative net indebtedness %-198.1 %-211.7 %
Liquidity
Quick ratio17.618.0
Current ratio18.018.9
Cash and cash equivalents405.07402.39
Capital use efficiency
Trade debtors turnover (days)38.732.9
Net working capital %230.4 %257.0 %
Credit risk
Credit ratingBBBBBBBBAAAAAA

Variable visualization

ROA:4.24%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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