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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 407.00 | 6 425.00 | -3 782.00 | -2 931.00 | - 537.54 |
Shareholders equity total | 6 046.00 | 12 472.00 | 8 689.00 | 5 758.00 | 5 220.75 |
Balance sheet total (assets) | 10 131.00 | 16 561.00 | 14 209.00 | 9 926.00 | 8 008.24 |
Net debt | -5 600.00 | -13 125.00 | -5 946.00 | -1 885.00 | - 869.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 49.7 % | -2.1 % | 1.9 % | 0.8 % |
ROE | -6.5 % | 69.4 % | -35.7 % | -40.6 % | -9.8 % |
ROI | 2.8 % | 71.0 % | -2.8 % | 2.8 % | 1.2 % |
Economic value added (EVA) | -6.36 | - 136.29 | - 368.30 | - 190.86 | - 289.41 |
Solvency | |||||
Equity ratio | 59.7 % | 75.3 % | 61.2 % | 58.0 % | 65.2 % |
Gearing | 2.7 % | 13.2 % | 16.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 4.0 | 2.5 | 2.4 | 2.9 |
Current ratio | 2.1 | 4.0 | 2.5 | 2.4 | 2.9 |
Cash and cash equivalents | 5 762.00 | 13 125.00 | 7 091.00 | 2 804.00 | 869.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
Variable visualization
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