FREDBORG FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDBORG FINANS ApS
FREDBORG FINANS ApS (CVR number: 31264987) is a company from VIBORG. The company recorded a gross profit of -1.2 kDKK in 2024. The operating profit was -1.2 kDKK, while net earnings were 8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. FREDBORG FINANS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.25 | -1.25 | -1.25 | -1.25 | -1.25 |
EBIT | -1.25 | -1.25 | -1.25 | -1.25 | -1.25 |
Net earnings | 5.57 | 6.38 | 8.23 | 7.47 | 8.93 |
Shareholders equity total | 136.23 | 142.61 | 150.84 | 158.31 | 167.24 |
Balance sheet total (assets) | 605.71 | 612.33 | 621.09 | 628.34 | 637.67 |
Net debt | -19.94 | -16.16 | -6.81 | -15.57 | -9.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 1.6 % | 1.7 % | 1.5 % | 1.8 % |
ROE | 4.2 % | 4.6 % | 5.6 % | 4.8 % | 5.5 % |
ROI | 6.1 % | 7.1 % | 7.3 % | 6.2 % | 7.0 % |
Economic value added (EVA) | -7.54 | -7.82 | -8.14 | -8.55 | -8.93 |
Solvency | |||||
Equity ratio | 22.5 % | 23.3 % | 24.3 % | 25.2 % | 26.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.3 | 1.3 | 1.4 |
Current ratio | 1.3 | 1.3 | 1.3 | 1.3 | 1.4 |
Cash and cash equivalents | 19.94 | 16.16 | 6.81 | 15.57 | 9.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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