FREDERIK OG EMMA KRAGH'S MINDELEGAT — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIK OG EMMA KRAGH'S MINDELEGAT
FREDERIK OG EMMA KRAGH'S MINDELEGAT (CVR number: 61095519) is a company from FREDERIKSBERG. The company reported a net sales of 22.3 mDKK in 2023, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was at 83.5 % (EBIT: 18.6 mDKK), while net earnings were 29.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. FREDERIK OG EMMA KRAGH'S MINDELEGAT's liquidity measured by quick ratio was 15.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 19 930.11 | 19 854.02 | 20 160.55 | 20 715.45 | 22 263.69 |
Gross profit | 7 105.78 | 6 874.94 | 4 509.34 | 7 564.91 | 7 869.45 |
EBIT | 9 321.74 | 21 346.50 | 113 584.77 | -78 592.56 | 18 592.30 |
Net earnings | 12 853.07 | 21 019.75 | 99 779.31 | -62 932.79 | 29 442.11 |
Shareholders equity total | 511 535.43 | 530 382.18 | 625 508.23 | 558 434.44 | 583 616.56 |
Balance sheet total (assets) | 668 225.92 | 689 552.04 | 809 517.26 | 711 959.26 | 736 027.46 |
Net debt | -40 249.64 | -41 278.92 | -52 532.32 | -37 114.19 | -57 219.02 |
Profitability | |||||
EBIT-% | 46.8 % | 107.5 % | 563.4 % | -379.4 % | 83.5 % |
ROA | 3.0 % | 4.6 % | 17.5 % | -8.8 % | 4.7 % |
ROE | 2.5 % | 4.0 % | 17.3 % | -10.6 % | 5.2 % |
ROI | 3.1 % | 4.7 % | 18.0 % | -9.0 % | 4.8 % |
Economic value added (EVA) | -17 505.06 | -5 814.23 | 64 569.82 | -90 431.90 | -8 745.34 |
Solvency | |||||
Equity ratio | 76.6 % | 76.9 % | 77.3 % | 78.4 % | 79.3 % |
Gearing | 9.7 % | 9.3 % | 7.7 % | 8.1 % | 7.6 % |
Relative net indebtedness % | -58.2 % | -64.1 % | -112.5 % | -74.6 % | -165.2 % |
Liquidity | |||||
Quick ratio | 6.0 | 6.0 | 6.1 | 11.7 | 15.7 |
Current ratio | 6.0 | 6.0 | 6.1 | 11.7 | 15.7 |
Cash and cash equivalents | 89 619.31 | 90 403.62 | 100 875.53 | 82 315.83 | 101 392.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -23.7 % | -11.1 % | -53.3 % | 7.6 % | 26.1 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | A | AA |
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