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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 543.2 kDKK in 2024. The operating profit was 5 kDKK, while net earnings were -13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 403.92 | 978.33 | 398.48 | 160.78 | 543.23 |
| EBIT | 8.42 | 590.04 | 38.10 | - 355.12 | 4.99 |
| Net earnings | 3.05 | 449.99 | 32.85 | - 272.16 | -13.72 |
| Shareholders equity total | 138.38 | 588.37 | 502.92 | 230.76 | 217.04 |
| Balance sheet total (assets) | 421.36 | 1 032.37 | 763.00 | 466.64 | 402.21 |
| Net debt | - 264.72 | - 377.23 | - 217.07 | - 199.87 | -27.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.5 % | 81.2 % | 5.4 % | -56.5 % | 1.4 % |
| ROE | 1.1 % | 123.8 % | 6.0 % | -74.2 % | -6.1 % |
| ROI | 2.5 % | 130.2 % | 8.1 % | -91.5 % | 2.6 % |
| Economic value added (EVA) | -13.45 | 445.29 | -6.65 | - 302.59 | -7.04 |
| Solvency | |||||
| Equity ratio | 32.8 % | 57.0 % | 65.9 % | 49.5 % | 54.0 % |
| Gearing | 47.9 % | 16.5 % | 11.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 2.3 | 3.2 | 2.0 | 2.0 |
| Current ratio | 1.5 | 2.3 | 3.2 | 2.0 | 2.0 |
| Cash and cash equivalents | 331.02 | 474.03 | 217.07 | 225.35 | 27.15 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | BB | B |
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