FREDERIKSHAVN ELHANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIKSHAVN ELHANDEL A/S
FREDERIKSHAVN ELHANDEL A/S (CVR number: 25606426) is a company from FREDERIKSHAVN. The company reported a net sales of 71 mDKK in 2024, demonstrating a decline of -28.3 % compared to the previous year. The operating profit percentage was at 8.4 % (EBIT: 6 mDKK), while net earnings were 5148 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. FREDERIKSHAVN ELHANDEL A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.68 | 66.50 | 220.00 | 99.14 | 71.05 |
Gross profit | 33.68 | 66.50 | 220.00 | 14.10 | 10.51 |
EBIT | 2.36 | -1.24 | -9.43 | 9.23 | 5.96 |
Net earnings | 1.78 | -1.01 | -7.51 | 7.30 | 5.15 |
Shareholders equity total | 20.58 | 19.57 | 12.05 | 19.36 | 24.51 |
Balance sheet total (assets) | 44.83 | 69.51 | 80.78 | 50.62 | 53.09 |
Net debt | -8.28 | -20.45 | |||
Profitability | |||||
EBIT-% | 7.0 % | -1.9 % | -4.3 % | 9.3 % | 8.4 % |
ROA | 5.2 % | -2.2 % | -12.5 % | 14.7 % | 12.8 % |
ROE | 9.0 % | -5.0 % | -47.5 % | 46.5 % | 23.5 % |
ROI | 5.2 % | -2.2 % | -12.5 % | 19.0 % | 28.3 % |
Economic value added (EVA) | 1.41 | -2.27 | -10.41 | 6.59 | 3.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 37.9 % | 45.6 % |
Gearing | 8.8 % | 5.9 % | |||
Relative net indebtedness % | 21.5 % | 9.4 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 1.9 | |||
Current ratio | 1.6 | 1.9 | |||
Cash and cash equivalents | 9.98 | 21.90 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 146.4 | 156.3 | |||
Net working capital % | 19.5 % | 34.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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