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Fredes Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fredes Holding ApS
Fredes Holding ApS (CVR number: 37234346) is a company from AARHUS. The company recorded a gross profit of -35.9 kDKK in 2024. The operating profit was -59.4 kDKK, while net earnings were 1951.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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. Fredes 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -20.98 | -10.07 | -9.39 | -7.93 | -35.92 |
| EBIT | -24.16 | -13.88 | -13.20 | -11.74 | -59.43 |
| Net earnings | -29.38 | 98.51 | 225.04 | 1 341.61 | 1 951.94 |
| Shareholders equity total | 2 246.00 | 2 288.01 | 2 513.06 | 3 854.67 | 5 556.61 |
| Balance sheet total (assets) | 2 334.18 | 2 316.14 | 2 537.43 | 3 917.64 | 8 347.66 |
| Net debt | - 664.64 | -0.08 | -20.88 | -5.12 | 2 018.82 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.0 % | 3.6 % | 9.2 % | 111.3 % | 33.0 % |
| ROE | -1.2 % | 4.3 % | 9.4 % | 42.1 % | 41.5 % |
| ROI | -1.0 % | 3.6 % | 9.3 % | 34.3 % | 35.4 % |
| Economic value added (EVA) | - 151.39 | - 126.78 | - 126.68 | - 135.58 | - 242.48 |
| Solvency | |||||
| Equity ratio | 96.2 % | 98.8 % | 99.0 % | 98.4 % | 66.6 % |
| Gearing | 3.6 % | 0.0 % | 0.0 % | 0.0 % | 36.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 23.2 | 70.8 | 41.5 | 20.6 | 1.6 |
| Current ratio | 23.2 | 70.8 | 41.5 | 20.6 | 1.6 |
| Cash and cash equivalents | 745.43 | 0.87 | 21.66 | 5.91 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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