DRIFTSSELSKABET FREDERIKSSUND ApS — Credit Rating and Financial Key Figures

CVR number: 32645607
Mølleå 1, 9000 Aalborg

Credit rating

Company information

Official name
DRIFTSSELSKABET FREDERIKSSUND ApS
Personnel
3 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About DRIFTSSELSKABET FREDERIKSSUND ApS

DRIFTSSELSKABET FREDERIKSSUND ApS (CVR number: 32645607K) is a company from AALBORG. The company reported a net sales of 3.5 mDKK in 2018, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 28.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DRIFTSSELSKABET FREDERIKSSUND ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2014
2015
2016
2017
2018
Volume
Net sales3 076.153 383.003 400.103 251.873 457.62
Gross profit116.70131.2982.7796.39108.27
EBIT-32.6319.4111.6510.757.54
Net earnings-2.7141.8823.7922.9928.21
Shareholders equity total252.28294.16317.94340.93369.14
Balance sheet total (assets)811.13784.10819.811 993.062 224.81
Net debt67.83-10.66-62.371 163.071 012.53
Profitability
EBIT-%-1.1 %0.6 %0.3 %0.3 %0.2 %
ROA-0.5 %7.2 %4.0 %2.1 %3.7 %
ROE-1.1 %15.3 %7.8 %7.0 %7.9 %
ROI-1.1 %16.5 %10.4 %3.2 %4.7 %
Economic value added (EVA)-45.44-5.57-5.70-7.59-72.71
Solvency
Equity ratio31.1 %37.5 %38.8 %17.1 %16.6 %
Gearing58.3 %358.7 %361.0 %
Relative net indebtedness %15.6 %14.2 %12.9 %49.0 %44.4 %
Liquidity
Quick ratio1.41.61.61.21.2
Current ratio1.41.61.61.21.2
Cash and cash equivalents79.2710.6662.3759.96320.12
Capital use efficiency
Trade debtors turnover (days)85.382.778.8215.0199.7
Net working capital %7.8 %8.5 %8.7 %9.9 %10.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.67%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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