FREDENSBORG SPILDEVAND A/S — Credit Rating and Financial Key Figures

CVR number: 32668887
Højvangen 23, 3480 Fredensborg
forsyning@fredensborgforsyning.dk

Credit rating

Company information

Official name
FREDENSBORG SPILDEVAND A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About FREDENSBORG SPILDEVAND A/S

FREDENSBORG SPILDEVAND A/S (CVR number: 32668887) is a company from FREDENSBORG. The company reported a net sales of 53.5 mDKK in 2023, demonstrating a decline of -6 % compared to the previous year. The operating profit percentage was poor at -10.4 % (EBIT: -5.6 mDKK), while net earnings were -3787 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDENSBORG SPILDEVAND A/S's liquidity measured by quick ratio was 13.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales57.5559.7365.8656.9153.52
Gross profit5.907.7814.282.25-1.41
EBIT2.554.1410.49-1.73-5.59
Net earnings0.802.096.35-2.77-3.79
Shareholders equity total1 242.711 244.801 251.161 248.391 244.60
Balance sheet total (assets)1 301.621 301.771 308.101 270.111 261.15
Net debt-8.43-29.11-49.71-70.23-81.43
Profitability
EBIT-%4.4 %6.9 %15.9 %-3.0 %-10.4 %
ROA0.2 %0.3 %0.8 %-0.1 %-0.4 %
ROE0.1 %0.2 %0.5 %-0.2 %-0.3 %
ROI0.2 %0.3 %0.8 %-0.1 %-0.4 %
Economic value added (EVA)-60.32-57.82-52.94-61.47-63.42
Solvency
Equity ratio95.5 %95.6 %95.6 %98.3 %98.7 %
Gearing3.8 %3.8 %3.5 %0.4 %0.2 %
Relative net indebtedness %-4.6 %-42.0 %-68.6 %-106.3 %-137.7 %
Liquidity
Quick ratio8.110.112.88.413.9
Current ratio8.110.112.88.413.9
Cash and cash equivalents55.3475.7993.7774.6183.78
Capital use efficiency
Trade debtors turnover (days)19.211.725.525.228.8
Net working capital %115.5 %144.8 %171.1 %152.6 %191.6 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:-0.38%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member
Board member
Board member

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