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FRUERGAARD LARSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRUERGAARD LARSEN A/S
FRUERGAARD LARSEN A/S (CVR number: 25497120) is a company from KØBENHAVN. The company recorded a gross profit of 1050.7 kDKK in 2024. The operating profit was -27.9 kDKK, while net earnings were 4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRUERGAARD LARSEN 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 026.71 | 1 293.68 | 1 153.60 | 1 123.00 | 1 050.68 |
| EBIT | 7.79 | 75.99 | 199.95 | 18.00 | -27.91 |
| Net earnings | 16.90 | - 141.73 | 146.07 | 13.00 | 4.90 |
| Shareholders equity total | 783.34 | 641.61 | 787.68 | 801.00 | 505.56 |
| Balance sheet total (assets) | 1 292.38 | 1 198.85 | 1 264.97 | 1 314.00 | 1 156.29 |
| Net debt | -60.61 | - 415.76 | - 473.52 | - 505.00 | - 124.83 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.2 % | -14.6 % | 16.2 % | 1.9 % | 1.3 % |
| ROE | 2.2 % | -19.9 % | 20.4 % | 1.6 % | 0.8 % |
| ROI | 3.2 % | -22.0 % | 24.0 % | 2.6 % | 1.9 % |
| Economic value added (EVA) | -35.26 | 8.72 | 111.20 | -31.94 | -66.63 |
| Solvency | |||||
| Equity ratio | 60.6 % | 53.5 % | 62.3 % | 61.0 % | 43.7 % |
| Gearing | 14.9 % | 18.2 % | 15.5 % | 14.4 % | 46.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 2.0 | 2.5 | 2.5 | 1.7 |
| Current ratio | 1.7 | 2.0 | 2.5 | 2.5 | 1.7 |
| Cash and cash equivalents | 177.43 | 532.71 | 595.48 | 620.00 | 358.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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