FREDERIKSBERG FJERNVARME A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIKSBERG FJERNVARME A/S
FREDERIKSBERG FJERNVARME A/S (CVR number: 10157056) is a company from FREDERIKSBERG. The company reported a net sales of 449.4 mDKK in 2024, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was poor at -1.2 % (EBIT: -5.6 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, 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 30 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 376.74 | 400.22 | 398.99 | 436.31 | 449.45 |
Gross profit | 68.50 | 61.38 | 68.48 | 59.13 | 62.51 |
EBIT | -7.56 | -3.23 | -2.85 | -7.48 | -5.58 |
Net earnings | |||||
Shareholders equity total | 167.39 | 168.13 | 170.45 | 169.16 | 169.81 |
Balance sheet total (assets) | 514.97 | 510.82 | 493.81 | 503.43 | 565.25 |
Net debt | 50.05 | 22.29 | |||
Profitability | |||||
EBIT-% | -2.0 % | -0.8 % | -0.7 % | -1.7 % | -1.2 % |
ROA | -1.4 % | -0.6 % | -0.6 % | -0.6 % | -0.2 % |
ROE | |||||
ROI | -1.4 % | -0.6 % | -0.6 % | -0.7 % | -0.3 % |
Economic value added (EVA) | -15.98 | -11.64 | -11.29 | -13.87 | -22.88 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.6 % | 30.0 % |
Gearing | 61.3 % | 83.2 % | |||
Relative net indebtedness % | 40.6 % | 42.2 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | |||
Current ratio | 1.1 | 1.2 | |||
Cash and cash equivalents | 53.59 | 118.96 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 66.7 | 75.5 | |||
Net working capital % | -4.9 % | 0.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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