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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 2024. The operating profit was -56.7 kDKK, while net earnings were 9635.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.1 %, 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 4.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | |||||
| EBIT | -27.02 | -33.28 | -33.55 | -73.14 | -56.74 |
| Net earnings | 8 642.39 | 53 272.96 | 39 752.49 | 55 821.04 | 9 635.70 |
| Shareholders equity total | 124 853.88 | 178 126.84 | 217 879.33 | 273 700.36 | 283 336.07 |
| Balance sheet total (assets) | 137 690.80 | 185 009.08 | 225 701.54 | 282 178.19 | 288 956.65 |
| Net debt | 11 473.12 | -4 512.21 | -3 849.72 | -12 401.24 | -10 393.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.4 % | 37.2 % | 19.6 % | 22.6 % | 4.7 % |
| ROE | 7.2 % | 35.2 % | 20.1 % | 22.7 % | 3.5 % |
| ROI | 7.5 % | 37.4 % | 19.7 % | 22.8 % | 4.7 % |
| Economic value added (EVA) | -6 193.81 | -6 879.08 | -9 302.24 | -11 373.94 | -14 110.96 |
| Solvency | |||||
| Equity ratio | 90.7 % | 96.3 % | 96.5 % | 97.0 % | 98.1 % |
| Gearing | 9.2 % | 3.6 % | 3.4 % | 2.3 % | 1.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 2.6 | 2.5 | 2.9 | 4.8 |
| Current ratio | 1.9 | 2.6 | 2.5 | 2.9 | 4.8 |
| Cash and cash equivalents | 53.45 | 10 985.42 | 11 187.19 | 18 638.68 | 13 293.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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