FREDERIKSGADE A/S — Credit Rating and Financial Key Figures

CVR number: 37611395
Havnen 1, 8700 Horsens
tel: 42820000

Credit rating

Company information

Official name
FREDERIKSGADE A/S
Established
2016
Company form
Limited company
Industry

About FREDERIKSGADE A/S

FREDERIKSGADE A/S (CVR number: 37611395) is a company from HORSENS. The company recorded a gross profit of 7996.3 kDKK in 2024. The operating profit was 3272.1 kDKK, while net earnings were 789.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FREDERIKSGADE A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 957.224 482.705 354.687 642.917 996.26
EBIT724.98140.12849.792 965.513 272.09
Net earnings- 818.75-1 201.75- 331.30903.90789.12
Shareholders equity total41 861.4940 659.7440 328.4541 232.3442 021.47
Balance sheet total (assets)155 548.11152 374.27154 058.03149 751.83146 793.57
Net debt108 090.94106 234.02109 292.26102 151.3498 330.88
Profitability
EBIT-%
ROA0.5 %0.1 %0.6 %2.0 %2.2 %
ROE-1.9 %-2.9 %-0.8 %2.2 %1.9 %
ROI0.5 %0.1 %0.6 %2.0 %2.3 %
Economic value added (EVA)-6 012.29-6 223.89-5 486.25-3 793.98-3 448.55
Solvency
Equity ratio26.9 %26.7 %26.2 %27.5 %28.6 %
Gearing258.2 %261.3 %271.0 %247.7 %234.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:2.21%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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