FREDERIKSVÆRK VULKANISERING ApS — Credit Rating and Financial Key Figures

CVR number: 70170515
Industrihaven 2, 3300 Frederiksværk
tel: 47770917

Credit rating

Company information

Official name
FREDERIKSVÆRK VULKANISERING ApS
Personnel
7 persons
Established
1982
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About FREDERIKSVÆRK VULKANISERING ApS

FREDERIKSVÆRK VULKANISERING ApS (CVR number: 70170515) is a company from HALSNÆS. The company recorded a gross profit of 3212 kDKK in 2023. The operating profit was 381.1 kDKK, while net earnings were 289.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. FREDERIKSVÆRK VULKANISERING ApS's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit2 595.143 014.142 721.652 991.933 211.99
EBIT323.16597.51149.16358.66381.08
Net earnings227.67457.44110.77269.82289.21
Shareholders equity total1 269.141 526.581 587.351 857.172 146.38
Balance sheet total (assets)3 201.413 173.153 591.513 550.103 962.51
Net debt342.12272.29229.61238.06- 387.84
Profitability
EBIT-%
ROA11.3 %20.0 %5.7 %11.3 %11.4 %
ROE18.9 %32.7 %7.1 %15.7 %14.4 %
ROI21.6 %35.1 %10.1 %20.4 %20.0 %
Economic value added (EVA)192.41400.3438.11196.36199.56
Solvency
Equity ratio39.6 %48.1 %44.2 %52.3 %54.2 %
Gearing27.9 %18.3 %14.7 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.21.41.6
Current ratio1.72.01.72.12.2
Cash and cash equivalents12.036.703.853.47387.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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