FRESE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRESE A/S
FRESE A/S (CVR number: 12375344) is a company from SLAGELSE. The company reported a net sales of 394.7 mDKK in 2024, demonstrating a growth of 11.9 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 29.8 mDKK), while net earnings were 35.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent and Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. FRESE A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 351.67 | 352.70 | 394.69 | ||
Gross profit | 93.28 | 95.16 | 105.72 | 110.82 | 135.00 |
EBIT | 29.49 | 31.66 | 24.81 | 23.14 | 29.84 |
Net earnings | 26.43 | 29.00 | 25.00 | 16.85 | 35.61 |
Shareholders equity total | 135.35 | 158.21 | 175.76 | 189.51 | 214.12 |
Balance sheet total (assets) | 199.34 | 247.86 | 267.51 | 272.31 | 305.07 |
Net debt | -0.07 | 7.31 | |||
Profitability | |||||
EBIT-% | 7.1 % | 6.6 % | 7.6 % | ||
ROA | 15.5 % | 14.2 % | 9.6 % | 8.6 % | 15.0 % |
ROE | 21.2 % | 19.8 % | 15.0 % | 9.2 % | 17.6 % |
ROI | 15.5 % | 14.2 % | 9.6 % | 9.5 % | 18.3 % |
Economic value added (EVA) | 23.76 | 24.86 | 16.86 | 9.70 | 18.79 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.6 % | 70.2 % |
Gearing | 9.3 % | 13.1 % | |||
Relative net indebtedness % | 15.9 % | 15.3 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | |||
Current ratio | 2.6 | 2.5 | |||
Cash and cash equivalents | 17.62 | 20.66 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.0 | 55.2 | |||
Net working capital % | 30.5 % | 28.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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