Fredenshjem ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fredenshjem ApS
Fredenshjem ApS (CVR number: 39867761) is a company from REBILD. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 92.7 % compared to the previous year. The operating profit percentage was poor at -24.9 % (EBIT: -0 mDKK), while net earnings were -6.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fredenshjem ApS's liquidity measured by quick ratio was 9.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11.71 | 5.41 | 3.60 | 10.39 | 20.04 |
Gross profit | 1.97 | 0.80 | 0.46 | 4.23 | -2.99 |
EBIT | -0.03 | -1.20 | -1.54 | 2.23 | -4.99 |
Net earnings | 0.58 | -0.42 | -1.30 | -0.20 | -6.15 |
Shareholders equity total | 50.58 | 50.16 | 48.86 | 48.66 | 42.51 |
Balance sheet total (assets) | 101.08 | 101.37 | 124.36 | 151.04 | 146.68 |
Net debt | 41.18 | 29.73 | 60.32 | -25.64 | -21.01 |
Profitability | |||||
EBIT-% | -0.2 % | -22.2 % | -42.8 % | 21.5 % | -24.9 % |
ROA | -0.0 % | -1.2 % | -1.4 % | 1.6 % | -3.3 % |
ROE | 1.1 % | -0.8 % | -2.6 % | -0.4 % | -13.5 % |
ROI | -0.0 % | -1.2 % | -1.4 % | 2.6 % | -10.6 % |
Economic value added (EVA) | -0.03 | -3.27 | -3.02 | 0.54 | -5.12 |
Solvency | |||||
Equity ratio | 50.0 % | 49.5 % | 39.3 % | 32.2 % | 29.0 % |
Gearing | 99.8 % | 100.7 % | 154.5 % | 2.1 % | 4.7 % |
Relative net indebtedness % | 351.7 % | 562.6 % | 1675.6 % | -233.7 % | -94.1 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.3 | 18.2 | 9.3 |
Current ratio | 1.6 | 1.7 | 1.5 | 58.4 | 32.8 |
Cash and cash equivalents | 9.32 | 20.77 | 15.18 | 26.68 | 23.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 418.9 | 456.2 | 253.5 | 456.3 | 224.0 |
Net working capital % | 278.2 % | 631.4 % | 968.3 % | 1314.6 % | 661.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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