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 182.3 mDKK in 2024, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 27.4 mDKK), while net earnings were 54.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.6 %, 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 15.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.33 | 0.19 | 0.19 | 177.73 | 182.27 |
Gross profit | 0.33 | 0.19 | 0.19 | 65.08 | 70.45 |
EBIT | 0.03 | -0.02 | 0.03 | 9.98 | 27.44 |
Net earnings | 0.00 | 0.01 | 0.04 | 18.16 | 54.94 |
Shareholders equity total | 0.65 | 0.66 | 0.70 | 723.36 | 778.62 |
Balance sheet total (assets) | 0.72 | 0.72 | 0.75 | 761.22 | 823.73 |
Net debt | - 402.39 | - 466.94 | |||
Profitability | |||||
EBIT-% | 9.5 % | -9.0 % | 17.8 % | 5.6 % | 15.1 % |
ROA | 3.5 % | -2.4 % | 4.6 % | 8.4 % | 9.1 % |
ROE | 0.5 % | 1.4 % | 6.6 % | 5.0 % | 7.3 % |
ROI | 3.5 % | -2.4 % | 4.6 % | 8.7 % | 9.4 % |
Economic value added (EVA) | -0.00 | -0.05 | 0.00 | 7.62 | -15.15 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 95.2 % | 94.6 % |
Gearing | 0.3 % | ||||
Relative net indebtedness % | -211.7 % | -239.1 % | |||
Liquidity | |||||
Quick ratio | 18.0 | 15.1 | |||
Current ratio | 18.9 | 16.5 | |||
Cash and cash equivalents | 402.39 | 469.21 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.9 | 27.4 | |||
Net working capital % | 257.0 % | 275.1 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | AA | AAA |
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