FREDENSBORG AFFALD A/S

CVR number: 32668895
Højvangen 23, 3480 Fredensborg

Credit rating

Company information

Official name
FREDENSBORG AFFALD A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About FREDENSBORG AFFALD A/S

FREDENSBORG AFFALD A/S (CVR number: 32668895) is a company from FREDENSBORG. The company reported a net sales of 64 mDKK in 2023, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0.2 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREDENSBORG AFFALD A/S's liquidity measured by quick ratio was 0.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales44.3446.1854.0958.0563.97
Gross profit3.114.692.667.099.37
EBIT0.000.070.120.14-0.16
Net earnings
Shareholders equity total1.001.001.001.001.00
Balance sheet total (assets)28.7032.2542.2235.1133.12
Net debt-0.2511.274.1618.2810.67
Profitability
EBIT-%0.0 %0.1 %0.2 %0.2 %-0.3 %
ROA0.0 %0.2 %0.3 %0.4 %0.3 %
ROE
ROI0.0 %0.3 %0.5 %0.7 %0.5 %
Economic value added (EVA)0.590.990.420.45-0.81
Solvency
Equity ratio3.5 %3.1 %2.4 %2.8 %3.0 %
Gearing1917.1 %2705.0 %1903.2 %1942.8 %1668.8 %
Relative net indebtedness %18.7 %33.5 %48.7 %56.8 %40.8 %
Liquidity
Quick ratio0.80.70.60.40.4
Current ratio0.80.70.60.40.5
Cash and cash equivalents19.4215.7814.871.156.02
Capital use efficiency
Trade debtors turnover (days)1.42.19.61.50.8
Net working capital %-9.8 %-12.7 %-22.9 %-20.1 %-17.3 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.29%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.02%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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