fredensborg cykler ApS — Credit Rating and Financial Key Figures

CVR number: 40597301
Fredensborg Kongevej 32, 2980 Kokkedal
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Company information

Official name
fredensborg cykler ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit72.10332.14321.5622.500.17
EBIT64.15172.72- 169.5721.900.17
Net earnings43.46125.34- 139.30-9.49-1.12
Shareholders equity total83.46208.8069.5060.0158.88
Balance sheet total (assets)335.21464.37312.1994.5893.05
Net debt84.60- 130.9914.32-62.43-65.91
Profitability
EBIT-%
ROA19.1 %43.2 %-43.7 %10.8 %0.2 %
ROE52.1 %85.8 %-100.1 %-14.7 %-1.9 %
ROI20.9 %53.3 %-60.7 %14.5 %0.2 %
Economic value added (EVA)48.75136.79- 130.2518.781.51
Solvency
Equity ratio24.9 %45.0 %22.3 %63.4 %63.3 %
Gearing261.8 %58.4 %213.2 %40.2 %41.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.10.72.72.7
Current ratio0.71.30.92.72.7
Cash and cash equivalents133.93252.95133.8386.5890.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.19%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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