Fredensgade 29 Aarhus ApS — Credit Rating and Financial Key Figures

CVR number: 42504777
Lyngby Hovedgade 4, 2800 Kongens Lyngby

Credit rating

Company information

Official name
Fredensgade 29 Aarhus ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Fredensgade 29 Aarhus ApS

Fredensgade 29 Aarhus ApS (CVR number: 42504777) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1398.9 kDKK in 2023. The operating profit was -6581.3 kDKK, while net earnings were -5519.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -28.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. Fredensgade 29 Aarhus ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit1 155.081 314.481 398.95
EBIT1 398.10359.38-6 581.33
Net earnings1 023.05194.26-5 519.70
Shareholders equity total22 076.1122 270.3716 750.67
Balance sheet total (assets)41 090.7642 273.2035 289.76
Net debt10 379.9812 058.4313 545.26
Profitability
EBIT-%
ROA3.4 %0.9 %-16.8 %
ROE4.6 %0.9 %-28.3 %
ROI3.4 %0.9 %-17.2 %
Economic value added (EVA)1 086.68-1 353.55-6 858.72
Solvency
Equity ratio53.8 %52.7 %47.5 %
Gearing56.8 %56.4 %82.4 %
Relative net indebtedness %
Liquidity
Quick ratio7.82.21.9
Current ratio6.72.21.9
Cash and cash equivalents2 159.97492.04260.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-16.8%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chief executive officer

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