FREDSOE FACHARBEITER II ApS — Credit Rating and Financial Key Figures

CVR number: 35812822
Industrivej 3, 7900 Nykøbing M

Credit rating

Company information

Official name
FREDSOE FACHARBEITER II ApS
Personnel
18 persons
Established
2014
Company form
Private limited company
Industry

About FREDSOE FACHARBEITER II ApS

FREDSOE FACHARBEITER II ApS (CVR number: 35812822) is a company from MORSØ. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was 232.8 kDKK, while net earnings were 150.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.7 %, 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. FREDSOE FACHARBEITER II ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 271.028 187.858 325.568 820.8710 194.89
EBIT486.5215.09120.24304.67232.80
Net earnings365.366.0158.65208.17150.06
Shareholders equity total604.60610.61669.25577.42427.49
Balance sheet total (assets)4 142.853 145.543 025.293 059.093 369.03
Net debt-2 642.22242.2287.36-95.99336.07
Profitability
EBIT-%
ROA11.1 %0.4 %3.9 %10.8 %7.3 %
ROE30.9 %1.0 %9.2 %33.4 %29.9 %
ROI38.0 %2.0 %14.2 %47.7 %33.7 %
Economic value added (EVA)287.72113.7156.64211.64158.58
Solvency
Equity ratio14.6 %19.4 %22.1 %18.9 %12.7 %
Gearing50.3 %16.6 %4.1 %84.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.31.21.1
Current ratio1.21.21.31.21.1
Cash and cash equivalents2 642.2264.7223.74119.9226.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.30%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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