Frese og Søn A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frese og Søn A/S
Frese og Søn A/S (CVR number: 14373802) is a company from KØBENHAVN. The company recorded a gross profit of 4074.2 kDKK in 2024. The operating profit was 363 kDKK, while net earnings were 276.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frese og Søn A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 861.32 | 3 855.04 | 3 745.59 | 5 493.16 | 4 074.21 |
EBIT | 851.31 | 885.91 | 371.47 | 1 708.56 | 363.01 |
Net earnings | 643.14 | 641.81 | 289.14 | 1 317.31 | 276.34 |
Shareholders equity total | 2 363.63 | 3 005.44 | 2 389.58 | 3 706.89 | 1 983.23 |
Balance sheet total (assets) | 5 825.77 | 5 950.45 | 4 720.95 | 5 898.95 | 5 185.39 |
Net debt | -2 374.50 | -1 719.88 | -1 118.95 | -2 590.07 | - 299.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.9 % | 15.0 % | 7.0 % | 32.2 % | 6.7 % |
ROE | 30.7 % | 23.9 % | 10.7 % | 43.2 % | 9.7 % |
ROI | 40.1 % | 32.8 % | 13.7 % | 56.1 % | 10.7 % |
Economic value added (EVA) | 579.12 | 657.10 | 250.07 | 1 258.64 | 219.80 |
Solvency | |||||
Equity ratio | 45.0 % | 51.8 % | 52.4 % | 66.5 % | 38.2 % |
Gearing | 62.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.1 | 2.1 | 3.1 | 1.6 |
Current ratio | 1.6 | 2.0 | 2.0 | 2.6 | 1.6 |
Cash and cash equivalents | 2 374.50 | 1 719.88 | 1 118.95 | 2 590.07 | 1 541.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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