Fredensgade 11 A-C ApS — Credit Rating and Financial Key Figures

CVR number: 38792032
Skolebakken 7, 8000 Aarhus C
tel: 40579891

Company information

Official name
Fredensgade 11 A-C ApS
Established
2017
Company form
Private limited company
Industry

About Fredensgade 11 A-C ApS

Fredensgade 11 A-C ApS (CVR number: 38792032) is a company from AARHUS. The company recorded a gross profit of 399.9 kDKK in 2023. The operating profit was 399.9 kDKK, while net earnings were 118.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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 11 A-C ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit366.58366.72229.59389.45399.91
EBIT670.563 159.33201.45441.07399.91
Net earnings347.822 288.61- 118.31171.14118.54
Shareholders equity total872.133 160.743 042.423 213.563 332.10
Balance sheet total (assets)12 249.0215 102.9014 494.4814 642.4814 717.10
Net debt7 884.3410 268.6410 337.6910 167.4710 240.81
Profitability
EBIT-%
ROA5.5 %23.1 %1.4 %3.0 %2.7 %
ROE49.8 %113.5 %-3.8 %5.5 %3.6 %
ROI7.1 %25.8 %1.4 %3.1 %2.8 %
Economic value added (EVA)102.042 034.69- 347.20- 271.85- 291.44
Solvency
Equity ratio7.1 %20.9 %21.0 %22.0 %22.6 %
Gearing977.5 %344.2 %341.2 %320.7 %308.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.00.10.0
Current ratio0.20.20.00.10.0
Cash and cash equivalents640.80610.0043.37137.0423.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.72%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.6%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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