FREDE MØLLER NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 83252715
Hegnsvej 17, 9970 Strandby
tel: 98481082

Credit rating

Company information

Official name
FREDE MØLLER NIELSEN ApS
Established
1977
Company form
Private limited company
Industry

About FREDE MØLLER NIELSEN ApS

FREDE MØLLER NIELSEN ApS (CVR number: 83252715) is a company from FREDERIKSHAVN. The company recorded a gross profit of -22.8 kDKK in 2023. The operating profit was -22.8 kDKK, while net earnings were 39.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDE MØLLER NIELSEN ApS's liquidity measured by quick ratio was 14.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-37.4814.53-64.57-2.30-22.77
EBIT-37.4814.53-64.57-2.30-22.77
Net earnings45.56538.71- 379.10297.7639.20
Shareholders equity total4 134.634 673.343 794.244 092.004 131.20
Balance sheet total (assets)4 179.324 880.923 851.234 148.204 183.22
Net debt- 459.37- 368.89- 515.09- 471.90- 563.48
Profitability
EBIT-%
ROA2.8 %15.5 %4.7 %9.5 %1.7 %
ROE1.1 %12.2 %-9.0 %7.6 %1.0 %
ROI2.9 %15.9 %4.8 %9.6 %1.7 %
Economic value added (EVA)- 112.41- 172.34- 283.04- 166.66- 204.30
Solvency
Equity ratio98.9 %95.7 %98.5 %98.6 %98.8 %
Gearing0.5 %0.1 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio12.22.211.911.714.4
Current ratio12.22.211.911.714.4
Cash and cash equivalents481.46373.58523.38479.40563.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:1.66%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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