FREDHEIM SHIPPING COMPANY A/S — Credit Rating and Financial Key Figures

CVR number: 18660695
Vibe Alle 3, Brønsholm 2980 Kokkedal

Credit rating

Company information

Official name
FREDHEIM SHIPPING COMPANY A/S
Established
1995
Domicile
Brønsholm
Company form
Limited company
Industry

About FREDHEIM SHIPPING COMPANY A/S

FREDHEIM SHIPPING COMPANY A/S (CVR number: 18660695) is a company from FREDENSBORG. The company recorded a gross profit of -31 kDKK in 2024. The operating profit was -31 kDKK, while net earnings were -20.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -26 %, which can be considered poor and Return on Equity (ROE) was -150.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FREDHEIM SHIPPING COMPANY A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2 216.25-13 160.92-24.92-82.57-31.00
EBIT-10 132.17-32 974.01-24.92-82.57-31.00
Net earnings-11 890.09-28 671.26- 181.77-14 432.83-20 503.63
Shareholders equity total59 636.9230 965.6630 783.8916 351.0610 847.42
Balance sheet total (assets)154 572.42140 797.27116 149.5299 819.0574 634.41
Net debt70 407.4637 588.6040 749.9645 241.7837 044.44
Profitability
EBIT-%
ROA-8.8 %-23.7 %3.3 %-14.0 %-26.0 %
ROE-18.1 %-63.3 %-0.6 %-61.2 %-150.8 %
ROI-8.9 %-23.9 %3.3 %-14.1 %-26.0 %
Economic value added (EVA)-15 078.85-32 858.64-7 087.71-5 799.89-5 036.91
Solvency
Equity ratio39.0 %22.0 %26.5 %16.4 %14.5 %
Gearing119.3 %301.5 %221.8 %442.3 %520.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.70.50.50.7
Current ratio0.10.70.50.50.7
Cash and cash equivalents728.8655 759.7227 519.4327 077.5519 398.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-26.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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