FREDE MØLLER HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDE MØLLER HOLDING ApS
FREDE MØLLER HOLDING ApS (CVR number: 27443583) is a company from AABENRAA. The company recorded a gross profit of -8 kDKK in 2023. The operating profit was -8 kDKK, while net earnings were -66.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDE MØLLER HOLDING ApS's liquidity measured by quick ratio was 5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.80 | -6.53 | -5.45 | -6.22 | -7.97 |
EBIT | 3.80 | -6.53 | -5.45 | -6.22 | -7.97 |
Net earnings | - 306.39 | - 125.29 | 48.44 | 742.92 | -66.05 |
Shareholders equity total | 1 239.29 | 1 003.40 | 938.84 | 1 681.76 | 1 615.71 |
Balance sheet total (assets) | 4 003.86 | 1 432.27 | 1 314.42 | 2 065.78 | 1 992.12 |
Net debt | 1 804.37 | - 637.91 | - 591.99 | -1 323.91 | - 782.38 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -1.6 % | 4.8 % | 51.3 % | 0.9 % |
ROE | -21.2 % | -11.2 % | 5.0 % | 56.7 % | -4.0 % |
ROI | -0.1 % | -1.7 % | 6.5 % | 66.1 % | 1.0 % |
Economic value added (EVA) | 188.01 | 162.42 | -5.02 | -9.07 | -20.95 |
Solvency | |||||
Equity ratio | 31.0 % | 70.1 % | 71.4 % | 81.4 % | 81.1 % |
Gearing | 207.6 % | 6.6 % | 0.3 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 2.6 | 2.7 | 5.1 | 5.0 |
Current ratio | 0.4 | 2.6 | 2.7 | 5.1 | 5.0 |
Cash and cash equivalents | 768.84 | 703.79 | 594.69 | 1 326.32 | 782.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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