FRED MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 25329198
Havneholmen 86, 1561 København V

Credit rating

Company information

Official name
FRED MANAGEMENT ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About FRED MANAGEMENT ApS

FRED MANAGEMENT ApS (CVR number: 25329198) is a company from KØBENHAVN. The company recorded a gross profit of -133.5 kDKK in 2023. The operating profit was -141 kDKK, while net earnings were -537.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRED MANAGEMENT ApS's liquidity measured by quick ratio was 2.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 140.00- 141.00- 394.00- 114.00- 133.49
EBIT- 162.00- 163.00- 421.00- 124.00- 140.97
Net earnings- 407.006 425.00-3 782.00-2 931.00- 537.54
Shareholders equity total6 046.0012 472.008 689.005 758.005 220.75
Balance sheet total (assets)10 131.0016 561.0014 209.009 926.008 008.24
Net debt-5 600.00-13 125.00-5 946.00-1 885.00- 869.83
Profitability
EBIT-%
ROA2.2 %49.7 %-2.1 %1.9 %0.8 %
ROE-6.5 %69.4 %-35.7 %-40.6 %-9.8 %
ROI2.8 %71.0 %-2.8 %2.8 %1.2 %
Economic value added (EVA)-6.36- 136.29- 368.30- 190.86- 289.41
Solvency
Equity ratio59.7 %75.3 %61.2 %58.0 %65.2 %
Gearing2.7 %13.2 %16.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.14.02.52.42.9
Current ratio2.14.02.52.42.9
Cash and cash equivalents5 762.0013 125.007 091.002 804.00869.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:0.81%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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