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FRESE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRESE HOLDING ApS
FRESE HOLDING ApS (CVR number: 73365716K) is a company from SLAGELSE. The company reported a net sales of 547.6 mDKK in 2023, demonstrating a growth of 0.1 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 28.9 mDKK), while net earnings were 21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRESE HOLDING 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 374.83 | 357.69 | 419.65 | 547.09 | 547.56 |
| Gross profit | 152.17 | 163.05 | 173.67 | 201.77 | 194.35 |
| EBIT | 31.49 | 39.43 | 42.86 | 42.94 | 28.89 |
| Net earnings | 24.76 | 29.80 | 34.70 | 35.87 | 21.60 |
| Shareholders equity total | 143.43 | 166.19 | 194.26 | 215.68 | 226.68 |
| Balance sheet total (assets) | 251.27 | 288.70 | 320.10 | 356.38 | 358.86 |
| Net debt | -13.10 | ||||
| Profitability | |||||
| EBIT-% | 8.4 % | 11.0 % | 10.2 % | 7.8 % | 5.3 % |
| ROA | 12.7 % | 14.6 % | 14.1 % | 12.7 % | 8.7 % |
| ROE | 18.5 % | 19.2 % | 19.3 % | 17.5 % | 9.8 % |
| ROI | 14.6 % | 14.6 % | 14.1 % | 12.7 % | 10.0 % |
| Economic value added (EVA) | 22.47 | 32.22 | 34.51 | 33.18 | 10.69 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 63.2 % |
| Gearing | 11.7 % | ||||
| Relative net indebtedness % | 14.7 % | ||||
| Liquidity | |||||
| Quick ratio | 1.6 | ||||
| Current ratio | 2.9 | ||||
| Cash and cash equivalents | 39.72 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 56.5 | ||||
| Net working capital % | 30.0 % | ||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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