Fredenshjem ApS — Credit Rating and Financial Key Figures

CVR number: 39867761
Elmesvinget 2, 9574 Bælum
mjj0567@gmail.com

Company information

Official name
Fredenshjem ApS
Established
2018
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales11.715.413.6010.3920.04
Gross profit1.970.800.464.23-2.99
EBIT-0.03-1.20-1.542.23-4.99
Net earnings0.58-0.42-1.30-0.20-6.15
Shareholders equity total50.5850.1648.8648.6642.51
Balance sheet total (assets)101.08101.37124.36151.04146.68
Net debt41.1829.7360.32-25.64-21.01
Profitability
EBIT-%-0.2 %-22.2 %-42.8 %21.5 %-24.9 %
ROA-0.0 %-1.2 %-1.4 %1.6 %-3.3 %
ROE1.1 %-0.8 %-2.6 %-0.4 %-13.5 %
ROI-0.0 %-1.2 %-1.4 %2.6 %-10.6 %
Economic value added (EVA)-0.03-3.27-3.020.54-5.12
Solvency
Equity ratio50.0 %49.5 %39.3 %32.2 %29.0 %
Gearing99.8 %100.7 %154.5 %2.1 %4.7 %
Relative net indebtedness %351.7 %562.6 %1675.6 %-233.7 %-94.1 %
Liquidity
Quick ratio0.80.60.318.29.3
Current ratio1.61.71.558.432.8
Cash and cash equivalents9.3220.7715.1826.6823.02
Capital use efficiency
Trade debtors turnover (days)418.9456.2253.5456.3224.0
Net working capital %278.2 %631.4 %968.3 %1314.6 %661.4 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.34%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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