Frederiksberggade 10 ApS — Credit Rating and Financial Key Figures

CVR number: 40452222
Østre Kirkevej 2 B, 7400 Herning

Company information

Official name
Frederiksberggade 10 ApS
Established
2019
Company form
Private limited company
Industry

About Frederiksberggade 10 ApS

Frederiksberggade 10 ApS (CVR number: 40452222) is a company from HERNING. The company recorded a gross profit of -84.5 kDKK in 2023. The operating profit was -84.5 kDKK, while net earnings were -91.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Frederiksberggade 10 ApS's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-44.41-55.63-48.49-57.06-84.50
EBIT-44.41-55.63-48.49-57.06-84.50
Net earnings-48.98-62.72-56.88-66.89-91.36
Shareholders equity total1.02-61.70- 118.58- 185.47- 276.83
Balance sheet total (assets)2 491.022 429.002 422.422 416.052 451.36
Net debt2 211.542 291.252 364.302 389.152 449.56
Profitability
EBIT-%
ROA-1.8 %-2.2 %-1.9 %-2.2 %-3.2 %
ROE-4802.0 %-5.2 %-2.3 %-2.8 %-3.8 %
ROI-1.8 %-2.2 %-1.9 %-2.2 %-3.2 %
Economic value added (EVA)-34.64- 161.53- 152.81- 159.15- 177.19
Solvency
Equity ratio0.0 %-2.5 %-4.7 %-7.1 %-10.1 %
Gearing230392.2 %-3808.6 %-2024.0 %-1294.0 %-892.3 %
Relative net indebtedness %
Liquidity
Quick ratio10.25.75.22.92.1
Current ratio10.25.75.22.92.1
Cash and cash equivalents138.4658.7535.7010.8520.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.17%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-10.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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