TH. FREDE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TH. FREDE HOLDING ApS
TH. FREDE HOLDING ApS (CVR number: 31349583) is a company from SVENDBORG. The company recorded a gross profit of -5.4 kDKK in 2024. The operating profit was -5.4 kDKK, while net earnings were 83.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31 %, which can be considered excellent and Return on Equity (ROE) was 32.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TH. FREDE HOLDING ApS's liquidity measured by quick ratio was 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 | -6.24 | -6.39 | -5.64 | -5.38 | -5.38 |
EBIT | -6.24 | -6.39 | -5.64 | -5.38 | -5.38 |
Net earnings | -38.44 | 99.92 | 20.27 | -35.08 | 83.46 |
Shareholders equity total | 129.34 | 229.27 | 249.54 | 214.45 | 297.91 |
Balance sheet total (assets) | 142.78 | 244.41 | 264.30 | 227.46 | 310.90 |
Net debt | 2.27 | 3.98 | -5.25 | -16.75 | -16.75 |
Profitability | |||||
EBIT-% | |||||
ROA | -23.8 % | 51.6 % | 8.0 % | -14.3 % | 31.0 % |
ROE | -25.9 % | 55.7 % | 8.5 % | -15.1 % | 32.6 % |
ROI | -25.6 % | 54.8 % | 8.4 % | -14.9 % | 32.3 % |
Economic value added (EVA) | -14.70 | -13.00 | -17.36 | -18.10 | -16.25 |
Solvency | |||||
Equity ratio | 90.6 % | 93.8 % | 94.4 % | 94.3 % | 95.8 % |
Gearing | 1.8 % | 1.7 % | 1.4 % | 0.9 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.9 | 6.7 | 6.6 | 7.1 | 7.0 |
Current ratio | 7.9 | 6.7 | 6.6 | 7.1 | 7.0 |
Cash and cash equivalents | 8.85 | 18.65 | 18.65 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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