Fredensgade 11 ApS — Credit Rating and Financial Key Figures

CVR number: 38615033
Vestergade 11, Ærøskøbing 5970 Ærøskøbing
tel: 22362809

Credit rating

Company information

Official name
Fredensgade 11 ApS
Established
2017
Domicile
Ærøskøbing
Company form
Private limited company
Industry
  • Expand more icon41Construction of buildings

About Fredensgade 11 ApS

Fredensgade 11 ApS (CVR number: 38615033) is a company from ÆRØ. The company recorded a gross profit of -335.6 kDKK in 2023. The operating profit was -335.6 kDKK, while net earnings were -4256.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fredensgade 11 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 961.87- 295.98- 375.81- 335.59
EBIT4 638.13- 295.98- 875.81- 335.59
Net earnings1 865.96- 295.99- 824.74-4 256.32
Shareholders equity total3 848.833 552.852 728.11-1 528.21
Balance sheet total (assets)53 708.3753 731.1252 515.0452 500.00
Net debt42 340.4747 676.0647 448.2552 793.45
Profitability
EBIT-%
ROA9.2 %-0.6 %-2.6 %-0.6 %
ROE64.0 %-8.0 %-30.2 %-15.4 %
ROI10.1 %-0.6 %-2.6 %-0.6 %
Economic value added (EVA)3 519.18- 489.26- 177.65- 683.44- 398.10
Solvency
Equity ratio7.2 %6.6 %5.2 %-2.8 %
Gearing1100.2 %1342.4 %1739.8 %-3454.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents2.6617.4315.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.63%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.83%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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