Fredensborg+Simonsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fredensborg+Simonsen ApS
Fredensborg+Simonsen ApS (CVR number: 37005827) is a company from AALBORG. The company recorded a gross profit of -13.8 kDKK in 2023. The operating profit was -13.8 kDKK, while net earnings were 202.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fredensborg+Simonsen ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.13 | -3.23 | -4.13 | -10.64 | -13.76 |
EBIT | -3.13 | -3.23 | -4.13 | -10.64 | -13.76 |
Net earnings | 1 149.07 | 944.35 | 5 364.53 | 2 863.35 | 202.25 |
Shareholders equity total | 1 866.62 | 2 700.37 | 7 951.90 | 10 700.85 | 10 785.30 |
Balance sheet total (assets) | 4 550.47 | 6 909.65 | 10 956.19 | 11 670.26 | 11 366.32 |
Net debt | 2 508.03 | 4 158.00 | 2 432.82 | 943.52 | 514.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.2 % | 17.7 % | 60.5 % | 25.7 % | 8.6 % |
ROE | 85.4 % | 41.4 % | 100.7 % | 30.7 % | 1.9 % |
ROI | 36.8 % | 17.9 % | 60.5 % | 25.7 % | 8.6 % |
Economic value added (EVA) | 3.31 | 30.80 | -38.38 | 175.78 | 206.44 |
Solvency | |||||
Equity ratio | 41.0 % | 39.1 % | 72.6 % | 91.7 % | 94.9 % |
Gearing | 138.4 % | 155.8 % | 37.7 % | 9.0 % | 5.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.7 | 0.7 | 0.9 | 1.5 |
Current ratio | 0.2 | 0.7 | 0.7 | 0.9 | 1.5 |
Cash and cash equivalents | 75.64 | 48.16 | 568.35 | 18.39 | 66.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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