FREDENSBORG FORSYNING HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDENSBORG FORSYNING HOLDING A/S
FREDENSBORG FORSYNING HOLDING A/S (CVR number: 32761755K) is a company from FREDENSBORG. The company reported a net sales of 141 mDKK in 2023, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was poor at -4.4 % (EBIT: -6.3 mDKK), while net earnings were -3830 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDENSBORG FORSYNING HOLDING A/S's liquidity measured by quick ratio was 3.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 124.77 | 133.71 | 150.90 | 141.21 | 140.97 |
Gross profit | 9.44 | 13.37 | 24.00 | 8.59 | 2.64 |
EBIT | 2.11 | 6.29 | 17.30 | -2.01 | -6.27 |
Net earnings | 0.04 | 2.81 | 10.17 | -4.30 | -3.83 |
Shareholders equity total | 1 502.23 | 1 505.04 | 1 515.21 | 1 510.91 | 1 507.08 |
Balance sheet total (assets) | 1 631.59 | 1 638.97 | 1 647.92 | 1 584.90 | 1 576.09 |
Net debt | -68.64 | -89.08 | |||
Profitability | |||||
EBIT-% | 1.7 % | 4.7 % | 11.5 % | -1.4 % | -4.4 % |
ROA | 0.1 % | 0.4 % | 1.1 % | -0.1 % | -0.3 % |
ROE | 0.0 % | 0.2 % | 0.7 % | -0.3 % | -0.3 % |
ROI | 0.1 % | 0.4 % | 1.1 % | -0.1 % | -0.3 % |
Economic value added (EVA) | -73.37 | -69.19 | -58.32 | -77.71 | -76.51 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 95.3 % | 95.6 % |
Gearing | 1.6 % | 1.5 % | |||
Relative net indebtedness % | -22.0 % | -36.6 % | |||
Liquidity | |||||
Quick ratio | 3.2 | 3.6 | |||
Current ratio | 3.2 | 3.7 | |||
Cash and cash equivalents | 93.49 | 110.95 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.8 | 11.8 | |||
Net working capital % | 60.2 % | 72.5 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | AA | A |
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