FRIEDLAND HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35466932
Kildegårdsvej 16 A, 2900 Hellerup
ef@fc-revision.dk
tel: 40176355

Company information

Official name
FRIEDLAND HOLDING A/S
Established
2013
Company form
Limited company
Industry

About FRIEDLAND HOLDING A/S

FRIEDLAND HOLDING A/S (CVR number: 35466932) is a company from GENTOFTE. The company recorded a gross profit of -256.7 kDKK in 2024. The operating profit was -256.7 kDKK, while net earnings were -4706.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent but Return on Equity (ROE) was -177.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.1 %, 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. FRIEDLAND HOLDING A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 161.36-78.81-64.38-68.86- 256.67
EBIT- 161.36-78.81-64.38-68.86- 256.67
Net earnings- 535.63-66.95-3 510.46- 164.91-4 706.62
Shareholders equity total3 684.383 617.43106.975 000.00293.38
Balance sheet total (assets)16 232.1117 821.5116 330.0017 911.0313 982.16
Net debt3 342.945 063.26-4 605.00-11 977.64-11 877.18
Profitability
EBIT-%
ROA2.8 %-0.3 %19.8 %-0.1 %27.1 %
ROE-13.6 %-1.8 %-188.5 %-6.5 %-177.8 %
ROI-7.5 %-0.5 %-25.0 %-0.2 %-37.2 %
Economic value added (EVA)- 524.16- 432.39- 790.31-54.26- 507.92
Solvency
Equity ratio22.7 %20.3 %0.7 %27.9 %2.1 %
Gearing91.0 %299.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.10.50.5
Current ratio1.20.10.50.5
Cash and cash equivalents9.065 756.574 605.0011 977.6411 877.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:27.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.10%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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