FREDENSBORG SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 57.55 | 59.73 | 65.86 | 56.91 | 53.52 |
Gross profit | 5.90 | 7.78 | 14.28 | 2.25 | -1.41 |
EBIT | 2.55 | 4.14 | 10.49 | -1.73 | -5.59 |
Net earnings | 0.80 | 2.09 | 6.35 | -2.77 | -3.79 |
Shareholders equity total | 1 242.71 | 1 244.80 | 1 251.16 | 1 248.39 | 1 244.60 |
Balance sheet total (assets) | 1 301.62 | 1 301.77 | 1 308.10 | 1 270.11 | 1 261.15 |
Net debt | -8.43 | -29.11 | -49.71 | -70.23 | -81.43 |
Profitability | |||||
EBIT-% | 4.4 % | 6.9 % | 15.9 % | -3.0 % | -10.4 % |
ROA | 0.2 % | 0.3 % | 0.8 % | -0.1 % | -0.4 % |
ROE | 0.1 % | 0.2 % | 0.5 % | -0.2 % | -0.3 % |
ROI | 0.2 % | 0.3 % | 0.8 % | -0.1 % | -0.4 % |
Economic value added (EVA) | -60.32 | -57.82 | -52.94 | -61.47 | -63.42 |
Solvency | |||||
Equity ratio | 95.5 % | 95.6 % | 95.6 % | 98.3 % | 98.7 % |
Gearing | 3.8 % | 3.8 % | 3.5 % | 0.4 % | 0.2 % |
Relative net indebtedness % | -4.6 % | -42.0 % | -68.6 % | -106.3 % | -137.7 % |
Liquidity | |||||
Quick ratio | 8.1 | 10.1 | 12.8 | 8.4 | 13.9 |
Current ratio | 8.1 | 10.1 | 12.8 | 8.4 | 13.9 |
Cash and cash equivalents | 55.34 | 75.79 | 93.77 | 74.61 | 83.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.2 | 11.7 | 25.5 | 25.2 | 28.8 |
Net working capital % | 115.5 % | 144.8 % | 171.1 % | 152.6 % | 191.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | A | A |
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