FREDERIKSBERG FJERNKØLING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIKSBERG FJERNKØLING A/S
FREDERIKSBERG FJERNKØLING A/S (CVR number: 34606110) is a company from FREDERIKSBERG. The company reported a net sales of 28.1 mDKK in 2023, demonstrating a growth of 58.6 % compared to the previous year. The operating profit percentage was at 51.2 % (EBIT: 14.4 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FREDERIKSBERG FJERNKØLING A/S's liquidity measured by quick ratio was 2.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 217.00 | 7 762.00 | 12 794.00 | 17 697.00 | 28 067.00 |
Gross profit | 8 217.00 | 7 762.00 | 12 794.00 | 9 450.00 | 19 961.00 |
EBIT | 427.00 | 519.00 | 3 594.00 | 4 383.00 | 14 364.00 |
Net earnings | 258.00 | 321.00 | 2 807.00 | 3 207.00 | 11 124.00 |
Shareholders equity total | 29 970.00 | 30 291.00 | 33 098.00 | 36 305.00 | 47 429.00 |
Balance sheet total (assets) | 91 627.00 | 123 259.00 | 133 117.00 | 139 131.00 | 145 255.00 |
Net debt | 10 710.00 | -1 696.00 | |||
Profitability | |||||
EBIT-% | 5.2 % | 6.7 % | 28.1 % | 24.8 % | 51.2 % |
ROA | 0.5 % | 0.5 % | 2.8 % | 3.2 % | 10.1 % |
ROE | 0.9 % | 1.1 % | 8.9 % | 9.2 % | 26.6 % |
ROI | 0.5 % | 0.5 % | 2.8 % | 4.8 % | 27.4 % |
Economic value added (EVA) | - 695.64 | - 986.99 | 2 071.88 | 1 727.97 | 9 709.06 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 26.1 % | 30.8 % |
Gearing | 41.8 % | 12.3 % | |||
Relative net indebtedness % | 555.9 % | 321.7 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 2.8 | |||
Current ratio | 1.0 | 2.8 | |||
Cash and cash equivalents | 4 449.00 | 7 522.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 123.7 | 132.1 | |||
Net working capital % | -4.5 % | 61.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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