FREDENSBORG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDENSBORG HOLDING A/S
FREDENSBORG HOLDING A/S (CVR number: 15775289) is a company from FREDENSBORG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -73.1 kDKK, while net earnings were 55.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDENSBORG HOLDING A/S's liquidity measured by quick ratio was 2.9 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 | |||||
EBIT | -23.98 | -27.02 | -33.28 | -33.55 | -73.14 |
Net earnings | 7 186.54 | 8 642.39 | 53 272.96 | 39 752.49 | 55 821.04 |
Shareholders equity total | 116 211.49 | 124 853.88 | 178 126.84 | 217 879.33 | 273 700.36 |
Balance sheet total (assets) | 123 531.15 | 137 690.80 | 185 009.08 | 225 701.54 | 282 178.19 |
Net debt | 6 547.91 | 11 473.12 | -4 512.21 | -3 849.72 | -12 401.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.6 % | 7.4 % | 37.2 % | 19.6 % | 22.6 % |
ROE | 6.4 % | 7.2 % | 35.2 % | 20.1 % | 22.7 % |
ROI | 8.7 % | 7.5 % | 37.4 % | 19.7 % | 22.8 % |
Economic value added (EVA) | 3 984.18 | 3 943.42 | 4 007.36 | 7 191.30 | 10 127.28 |
Solvency | |||||
Equity ratio | 94.1 % | 90.7 % | 96.3 % | 96.5 % | 97.0 % |
Gearing | 5.7 % | 9.2 % | 3.6 % | 3.4 % | 2.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.9 | 2.6 | 2.5 | 2.9 |
Current ratio | 0.7 | 1.9 | 2.6 | 2.5 | 2.9 |
Cash and cash equivalents | 81.76 | 53.45 | 10 985.42 | 11 187.19 | 18 638.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
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