FREDERIKSBERG FJERNVARME A/S — Credit Rating and Financial Key Figures

CVR number: 10157056
Stæhr Johansens Vej 38, 2000 Frederiksberg
tel: 38185100

Credit rating

Company information

Official name
FREDERIKSBERG FJERNVARME A/S
Established
2003
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About FREDERIKSBERG FJERNVARME A/S

FREDERIKSBERG FJERNVARME A/S (CVR number: 10157056) is a company from FREDERIKSBERG. The company reported a net sales of 436.3 mDKK in 2023, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was poor at -1.7 % (EBIT: -7.5 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. FREDERIKSBERG FJERNVARME A/S's liquidity measured by quick ratio was 1.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales395.22376.74400.22398.99436.31
Gross profit41.3568.5061.3868.4859.13
EBIT41.3568.5061.38-0.33-7.48
Net earnings-18.00
Shareholders equity total167.61167.39168.13170.45169.16
Balance sheet total (assets)532.04514.97510.82493.81503.43
Net debt46.7250.05
Profitability
EBIT-%10.5 %18.2 %15.3 %-0.1 %-1.7 %
ROA7.7 %13.1 %12.0 %0.8 %-0.6 %
ROE-7.7 %
ROI8.5 %13.1 %12.0 %0.9 %-0.9 %
Economic value added (EVA)27.2460.0852.96-8.68-15.39
Solvency
Equity ratio100.0 %100.0 %100.0 %34.5 %33.6 %
Gearing48.9 %61.3 %
Relative net indebtedness %41.1 %40.6 %
Liquidity
Quick ratio1.01.1
Current ratio1.01.1
Cash and cash equivalents36.6353.59
Capital use efficiency
Trade debtors turnover (days)65.166.7
Net working capital %-8.3 %-4.9 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:-0.65%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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