fredensborg cykler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About fredensborg cykler ApS
fredensborg cykler ApS (CVR number: 40597301) is a company from FREDENSBORG. The company recorded a gross profit of 0.2 kDKK in 2023. The operating profit was 0.2 kDKK, while net earnings were -1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. fredensborg cykler ApS's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 72.10 | 332.14 | 321.56 | 22.50 | 0.17 |
EBIT | 64.15 | 172.72 | - 169.57 | 21.90 | 0.17 |
Net earnings | 43.46 | 125.34 | - 139.30 | -9.49 | -1.12 |
Shareholders equity total | 83.46 | 208.80 | 69.50 | 60.01 | 58.88 |
Balance sheet total (assets) | 335.21 | 464.37 | 312.19 | 94.58 | 93.05 |
Net debt | 84.60 | - 130.99 | 14.32 | -62.43 | -65.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.1 % | 43.2 % | -43.7 % | 10.8 % | 0.2 % |
ROE | 52.1 % | 85.8 % | -100.1 % | -14.7 % | -1.9 % |
ROI | 20.9 % | 53.3 % | -60.7 % | 14.5 % | 0.2 % |
Economic value added (EVA) | 48.75 | 136.79 | - 130.25 | 18.78 | 1.51 |
Solvency | |||||
Equity ratio | 24.9 % | 45.0 % | 22.3 % | 63.4 % | 63.3 % |
Gearing | 261.8 % | 58.4 % | 213.2 % | 40.2 % | 41.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.1 | 0.7 | 2.7 | 2.7 |
Current ratio | 0.7 | 1.3 | 0.9 | 2.7 | 2.7 |
Cash and cash equivalents | 133.93 | 252.95 | 133.83 | 86.58 | 90.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | B |
Variable visualization
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