FREDERIK BAGGER ApS — Credit Rating and Financial Key Figures

CVR number: 36059567
Grønnegade 36, 1107 København K
info@frederikbagger.dk
tel: 39630300
www.frederikbagger.dk

Credit rating

Company information

Official name
FREDERIK BAGGER ApS
Personnel
7 persons
Established
2014
Company form
Private limited company
Industry

About FREDERIK BAGGER ApS

FREDERIK BAGGER ApS (CVR number: 36059567) is a company from KØBENHAVN. The company recorded a gross profit of 2795.2 kDKK in 2023. The operating profit was -2538.4 kDKK, while net earnings were -3649.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -270 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREDERIK BAGGER ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit465.573 206.813 901.385 120.492 795.24
EBIT-2 307.53377.21-1 443.71- 752.67-2 538.40
Net earnings-2 645.96235.26-1 709.35-1 471.14-3 649.28
Shareholders equity total3 083.183 495.541 786.19315.052 388.13
Balance sheet total (assets)8 427.009 734.3110 693.7521 411.9418 298.24
Net debt2 175.162 073.702 262.8510 541.998 710.44
Profitability
EBIT-%
ROA-25.7 %4.4 %-13.9 %-4.5 %-12.5 %
ROE-167.3 %7.2 %-64.7 %-140.0 %-270.0 %
ROI-38.0 %7.3 %-28.4 %-9.3 %-22.5 %
Economic value added (EVA)-2 307.28232.37-1 606.57- 806.33-2 518.78
Solvency
Equity ratio36.6 %35.9 %16.7 %1.5 %13.1 %
Gearing72.0 %60.5 %133.9 %3386.0 %367.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.10.80.50.4
Current ratio2.21.81.51.41.3
Cash and cash equivalents46.1442.38128.28125.7254.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-12.5%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.1%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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