Fredes Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37234346
Thit Jensens Gade 2, 8000 Aarhus C
norgaard_frederik@hotmail.com

Company information

Official name
Fredes Holding ApS
Established
2015
Company form
Private limited company
Industry

About Fredes Holding ApS

Fredes Holding ApS (CVR number: 37234346) is a company from AARHUS. The company recorded a gross profit of -7.9 kDKK in 2023. The operating profit was -11.7 kDKK, while net earnings were 1341.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 111.3 %, which can be considered excellent and Return on Equity (ROE) was 42.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fredes Holding ApS's liquidity measured by quick ratio was 20.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.45-20.98-10.07-9.39-7.93
EBIT-8.45-24.16-13.88-13.20-11.74
Net earnings2 311.67-29.3898.51225.041 341.61
Shareholders equity total2 525.382 246.002 288.012 513.063 854.67
Balance sheet total (assets)2 596.362 334.182 316.142 537.433 917.64
Net debt- 311.99- 664.64-0.08-20.88-5.12
Profitability
EBIT-%
ROA158.5 %-1.0 %3.6 %9.2 %111.3 %
ROE168.8 %-1.2 %4.3 %9.4 %42.1 %
ROI169.0 %-1.0 %3.6 %9.3 %34.3 %
Economic value added (EVA)-13.31- 121.64-72.57- 109.00- 121.93
Solvency
Equity ratio97.3 %96.2 %98.8 %99.0 %98.4 %
Gearing3.6 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio32.623.270.841.520.6
Current ratio32.623.270.841.520.6
Cash and cash equivalents311.99745.430.8721.665.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:111.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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