VERNER FREDSGAARD & SØN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VERNER FREDSGAARD & SØN A/S
VERNER FREDSGAARD & SØN A/S (CVR number: 25692748) is a company from AALBORG. The company recorded a gross profit of 5875.7 kDKK in 2024. The operating profit was -416.1 kDKK, while net earnings were -274.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VERNER FREDSGAARD & SØN A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 11 512.31 | 7 755.38 | 7 047.45 | 6 287.05 | 5 875.67 |
| EBIT | 1 177.75 | 1 074.90 | 338.85 | 264.64 | - 416.15 |
| Net earnings | 873.92 | 765.17 | 265.68 | 390.48 | - 274.46 |
| Shareholders equity total | 3 059.27 | 3 824.44 | 4 090.12 | 4 480.60 | 4 206.15 |
| Balance sheet total (assets) | 7 717.72 | 8 575.73 | 8 187.87 | 8 364.14 | 8 519.45 |
| Net debt | -2 946.58 | -2 125.93 | - 626.34 | 324.09 | 658.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.1 % | 13.2 % | 4.7 % | 7.0 % | -2.6 % |
| ROE | 33.3 % | 22.2 % | 6.7 % | 9.1 % | -6.3 % |
| ROI | 30.3 % | 20.8 % | 7.4 % | 11.4 % | -4.1 % |
| Economic value added (EVA) | 764.28 | 599.24 | 9.46 | -39.89 | - 628.87 |
| Solvency | |||||
| Equity ratio | 39.6 % | 47.2 % | 50.1 % | 53.6 % | 49.9 % |
| Gearing | 8.3 % | 2.4 % | 2.9 % | 7.2 % | 15.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 3.2 | 3.6 | 2.9 | 2.7 |
| Current ratio | 2.0 | 2.7 | 3.6 | 3.0 | 2.7 |
| Cash and cash equivalents | 3 201.85 | 2 217.24 | 744.88 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | BBB |
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