Frederikssund Øvelsesbane A/S — Credit Rating and Financial Key Figures

CVR number: 19308146
Strandvangen 13 A, 3600 Frederikssund
tel: 47383605

Credit rating

Company information

Official name
Frederikssund Øvelsesbane A/S
Established
1999
Company form
Limited company
Industry

About Frederikssund Øvelsesbane A/S

Frederikssund Øvelsesbane A/S (CVR number: 19308146) is a company from FREDERIKSSUND. The company recorded a gross profit of 538.6 kDKK in 2024. The operating profit was 440 kDKK, while net earnings were 343.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frederikssund Øvelsesbane A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit607.23593.58579.80517.56538.63
EBIT523.92523.73482.08442.70439.99
Net earnings405.53405.24373.72345.99343.13
Shareholders equity total1 851.471 956.702 030.422 076.412 119.53
Balance sheet total (assets)2 150.532 172.822 287.882 372.902 441.47
Net debt- 278.68-60.69- 199.27- 133.33- 296.58
Profitability
EBIT-%
ROA25.4 %24.2 %21.6 %19.2 %18.4 %
ROE22.5 %21.3 %18.7 %16.8 %16.4 %
ROI27.8 %26.2 %23.0 %20.7 %20.1 %
Economic value added (EVA)314.84309.20272.07236.28231.09
Solvency
Equity ratio86.1 %90.1 %88.7 %87.5 %86.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.91.82.41.11.7
Current ratio1.91.82.41.11.7
Cash and cash equivalents278.6860.69199.27133.33296.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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