FREDERIKSHAVN SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIKSHAVN SPILDEVAND A/S
FREDERIKSHAVN SPILDEVAND A/S (CVR number: 33044488) is a company from FREDERIKSHAVN. The company reported a net sales of 170.8 mDKK in 2024, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 14.1 % (EBIT: 24.1 mDKK), while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. FREDERIKSHAVN SPILDEVAND A/S's liquidity measured by quick ratio was 1.7 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 | 152.28 | 156.07 | 160.12 | 159.36 | 170.80 |
Gross profit | 27.45 | 20.83 | 19.83 | 25.09 | 34.81 |
EBIT | 22.81 | 15.22 | 12.98 | 16.57 | 24.12 |
Net earnings | 20.46 | 10.27 | 7.56 | 9.99 | 13.17 |
Shareholders equity total | 1 609.63 | 1 619.89 | 1 627.46 | 1 637.44 | 1 650.62 |
Balance sheet total (assets) | 2 031.12 | 2 054.45 | 2 134.84 | 2 173.38 | 2 194.04 |
Net debt | 372.40 | 376.45 | |||
Profitability | |||||
EBIT-% | 15.0 % | 9.7 % | 8.1 % | 10.4 % | 14.1 % |
ROA | 1.1 % | 0.7 % | 0.6 % | 0.8 % | 1.2 % |
ROE | 1.3 % | 0.6 % | 0.5 % | 0.6 % | 0.8 % |
ROI | 1.1 % | 0.7 % | 0.6 % | 0.8 % | 1.2 % |
Economic value added (EVA) | -57.04 | -65.67 | -68.42 | -59.23 | -79.83 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 75.3 % | 75.2 % |
Gearing | 23.8 % | 24.3 % | |||
Relative net indebtedness % | 299.4 % | 278.8 % | |||
Liquidity | |||||
Quick ratio | 2.4 | 1.7 | |||
Current ratio | 2.4 | 1.7 | |||
Cash and cash equivalents | 16.74 | 25.24 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.1 | 63.0 | |||
Net working capital % | 35.0 % | 24.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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