Fredensgade 9 ApS — Credit Rating and Financial Key Figures

CVR number: 37599468
Blæsbjergvej 2 A, 8700 Horsens

Company information

Official name
Fredensgade 9 ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Fredensgade 9 ApS

Fredensgade 9 ApS (CVR number: 37599468) is a company from HORSENS. The company recorded a gross profit of 445.3 kDKK in 2023. The operating profit was 260.5 kDKK, while net earnings were 168 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. Fredensgade 9 ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit427.95444.25478.55432.14445.34
EBIT224.55444.25478.55247.28260.47
Net earnings180.89283.32325.08183.65168.03
Shareholders equity total8 345.931 940.772 265.852 449.502 617.53
Balance sheet total (assets)10 258.4310 482.7910 624.4610 445.1010 433.63
Net debt- 151.036 640.406 275.906 019.115 792.58
Profitability
EBIT-%
ROA2.2 %4.4 %4.7 %2.5 %2.8 %
ROE2.2 %5.5 %15.5 %7.8 %6.6 %
ROI2.2 %4.5 %4.8 %2.6 %2.8 %
Economic value added (EVA)- 229.41-66.97-25.63- 166.55- 195.42
Solvency
Equity ratio81.4 %18.5 %21.3 %23.5 %25.1 %
Gearing0.3 %343.7 %279.3 %247.3 %228.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.70.80.9
Current ratio0.60.50.70.80.9
Cash and cash equivalents173.1429.2553.1337.52182.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.76%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.1%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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