Frederiksen Entreprise18 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frederiksen Entreprise18 ApS
Frederiksen Entreprise18 ApS (CVR number: 40143696) is a company from GULDBORGSUND. The company recorded a gross profit of 173.9 kDKK in 2023. The operating profit was -355.1 kDKK, while net earnings were -272.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.5 %, which can be considered poor and Return on Equity (ROE) was -74.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. Frederiksen Entreprise18 ApS's liquidity measured by quick ratio was 2 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 | 595.37 | 403.92 | 978.33 | 398.48 | 173.91 |
EBIT | 487.69 | 8.42 | 590.04 | 38.10 | - 355.12 |
Net earnings | 385.34 | 3.05 | 449.99 | 32.85 | - 272.16 |
Shareholders equity total | 435.34 | 138.38 | 588.37 | 502.92 | 230.76 |
Balance sheet total (assets) | 676.10 | 421.36 | 1 032.37 | 763.00 | 466.64 |
Net debt | - 426.13 | - 264.72 | - 377.23 | - 217.07 | - 199.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 72.9 % | 1.5 % | 81.2 % | 5.4 % | -56.5 % |
ROE | 88.5 % | 1.1 % | 123.8 % | 6.0 % | -74.2 % |
ROI | 110.7 % | 2.5 % | 130.2 % | 8.1 % | -91.5 % |
Economic value added (EVA) | 381.54 | 7.96 | 465.25 | 22.03 | - 297.62 |
Solvency | |||||
Equity ratio | 64.4 % | 32.8 % | 57.0 % | 65.9 % | 49.5 % |
Gearing | 47.9 % | 16.5 % | 11.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 1.5 | 2.3 | 3.2 | 2.0 |
Current ratio | 2.8 | 1.5 | 2.3 | 3.2 | 2.0 |
Cash and cash equivalents | 426.13 | 331.02 | 474.03 | 217.07 | 225.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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