FREDHEIM HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.14 | 0.33 | 0.19 | 191.11 | 177.73 |
Gross profit | 0.14 | 0.33 | 0.19 | 81.82 | 65.08 |
EBIT | -0.01 | 0.03 | -0.02 | 34.01 | 9.98 |
Net earnings | 0.15 | 0.00 | 0.01 | 44.66 | 18.16 |
Shareholders equity total | 0.65 | 0.65 | 0.66 | 705.08 | 723.36 |
Balance sheet total (assets) | 1.05 | 0.72 | 0.72 | 746.98 | 761.22 |
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 % |
ROE | 0.1 % | 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 | -0.05 | 26.40 | 18.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 94.5 % | 95.2 % |
Gearing | |||||
Relative net indebtedness % | -198.1 % | -211.7 % | |||
Liquidity | |||||
Quick ratio | 17.6 | 18.0 | |||
Current ratio | 18.0 | 18.9 | |||
Cash and cash equivalents | 405.07 | 402.39 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.7 | 32.9 | |||
Net working capital % | 230.4 % | 257.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | AAA | AAA |
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