FREDERIKSBERG FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIKSBERG FORSYNING A/S
FREDERIKSBERG FORSYNING A/S (CVR number: 28500734K) is a company from FREDERIKSBERG. The company reported a net sales of 704.4 mDKK in 2023, demonstrating a growth of 7.8 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 25.8 mDKK), while net earnings were 3755 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FREDERIKSBERG FORSYNING A/S's liquidity measured by quick ratio was 1.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 629.90 | 604.50 | 621.30 | 653.54 | 704.36 |
Gross profit | 231.11 | 249.20 | 150.08 | 250.83 | 229.98 |
EBIT | 231.11 | 249.20 | 150.08 | 94.21 | 25.82 |
Net earnings | 8.94 | 32.51 | 26.12 | 51.97 | 3.75 |
Shareholders equity total | 1 479.26 | 1 509.86 | 1 545.29 | 1 625.66 | 1 622.28 |
Balance sheet total (assets) | 2 846.99 | 3 001.69 | 3 247.29 | 3 512.57 | 3 762.03 |
Net debt | 1 001.04 | 1 147.04 | |||
Profitability | |||||
EBIT-% | 36.7 % | 41.2 % | 24.2 % | 14.4 % | 3.7 % |
ROA | 8.1 % | 8.5 % | 4.8 % | 3.0 % | 1.0 % |
ROE | 0.6 % | 2.2 % | 1.7 % | 3.3 % | 0.2 % |
ROI | 8.1 % | 8.5 % | 4.8 % | 3.1 % | 1.1 % |
Economic value added (EVA) | 231.11 | 174.87 | 74.21 | -8.51 | -84.19 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.3 % | 43.1 % |
Gearing | 78.8 % | 95.3 % | |||
Relative net indebtedness % | 216.1 % | 220.0 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | |||
Current ratio | 1.1 | 1.4 | |||
Cash and cash equivalents | 280.44 | 398.46 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.6 | 70.5 | |||
Net working capital % | -15.0 % | 3.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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