FRED MANAGEMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRED MANAGEMENT ApS
FRED MANAGEMENT ApS (CVR number: 25329198) is a company from KØBENHAVN. The company recorded a gross profit of -23.6 kDKK in 2024. The operating profit was -93.6 kDKK, while net earnings were -1888.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -44.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. FRED MANAGEMENT ApS's liquidity measured by quick ratio was 2.4 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 | - 141.00 | - 394.00 | - 114.00 | - 133.00 | -23.61 |
EBIT | - 163.00 | - 421.00 | - 124.00 | - 140.00 | -93.59 |
Net earnings | 6 425.00 | -3 782.00 | -2 931.00 | - 538.00 | -1 888.46 |
Shareholders equity total | 12 472.00 | 8 689.00 | 5 758.00 | 5 220.00 | 3 332.29 |
Balance sheet total (assets) | 16 561.00 | 14 209.00 | 9 926.00 | 8 008.00 | 5 777.11 |
Net debt | -13 125.00 | -5 946.00 | -1 885.00 | - 870.00 | - 569.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.7 % | -2.1 % | 1.9 % | 0.8 % | 2.0 % |
ROE | 69.4 % | -35.7 % | -40.6 % | -9.8 % | -44.2 % |
ROI | 71.0 % | -2.8 % | 2.8 % | 1.2 % | 3.2 % |
Economic value added (EVA) | - 473.67 | -1 047.83 | - 617.99 | - 475.52 | - 355.89 |
Solvency | |||||
Equity ratio | 75.3 % | 61.2 % | 58.0 % | 65.2 % | 57.7 % |
Gearing | 13.2 % | 16.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 2.5 | 2.4 | 2.9 | 2.4 |
Current ratio | 4.0 | 2.5 | 2.4 | 2.9 | 2.4 |
Cash and cash equivalents | 13 125.00 | 7 091.00 | 2 804.00 | 870.00 | 569.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BB |
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