FINANSHUSET I FREDENSBORG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FINANSHUSET I FREDENSBORG A/S
FINANSHUSET I FREDENSBORG A/S (CVR number: 10140315) is a company from FREDENSBORG. The company reported a net sales of 8.5 mDKK in 2023, demonstrating a growth of 11.6 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 0.6 mDKK), while net earnings were 483.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FINANSHUSET I FREDENSBORG A/S's liquidity measured by quick ratio was 3.7 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 | 8 158.37 | 8 779.84 | 8 262.42 | 7 630.49 | 8 516.71 |
Gross profit | 5 660.60 | 6 373.34 | 5 873.75 | 5 356.23 | 6 306.34 |
EBIT | 243.49 | 323.23 | 380.25 | 29.03 | 643.99 |
Net earnings | 155.29 | 227.35 | 272.72 | 3.37 | 483.54 |
Shareholders equity total | 979.88 | 1 207.23 | 1 479.95 | 1 483.32 | 1 966.87 |
Balance sheet total (assets) | 4 099.47 | 3 850.82 | 2 770.18 | 2 451.55 | 2 883.11 |
Net debt | -1 617.47 | -1 361.16 | - 611.02 | - 852.34 | -1 365.66 |
Profitability | |||||
EBIT-% | 3.0 % | 3.7 % | 4.6 % | 0.4 % | 7.6 % |
ROA | 6.6 % | 8.1 % | 11.5 % | 1.1 % | 24.1 % |
ROE | 17.2 % | 20.8 % | 20.3 % | 0.2 % | 28.0 % |
ROI | 27.0 % | 29.6 % | 28.3 % | 2.0 % | 37.3 % |
Economic value added (EVA) | 146.67 | 293.18 | 300.80 | -23.05 | 465.18 |
Solvency | |||||
Equity ratio | 23.9 % | 31.3 % | 53.4 % | 60.5 % | 68.2 % |
Gearing | |||||
Relative net indebtedness % | 18.4 % | 14.6 % | 8.2 % | 1.5 % | -5.3 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 2.3 | 2.7 | 3.7 |
Current ratio | 1.3 | 1.5 | 2.3 | 2.7 | 3.7 |
Cash and cash equivalents | 1 617.47 | 1 361.16 | 611.02 | 852.34 | 1 365.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.7 | 38.8 | 42.8 | 39.9 | 29.5 |
Net working capital % | 10.3 % | 13.2 % | 18.6 % | 19.8 % | 24.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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