Frederik & Frederik Watches ApS — Credit Rating and Financial Key Figures

CVR number: 44602679
Mølleløkken 107, 5300 Kerteminde
frederikogfrederikdanmark@gmail.com
tel: 22487006

Company information

Official name
Frederik & Frederik Watches ApS
Established
2024
Company form
Private limited company
Industry

About Frederik & Frederik Watches ApS

Frederik & Frederik Watches ApS (CVR number: 44602679) is a company from KERTEMINDE. The company recorded a gross profit of -23.1 kDKK in 2024. The operating profit was -23.1 kDKK, while net earnings were -23.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.5 %, which can be considered poor and Return on Equity (ROE) was -147 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frederik & Frederik Watches ApS's liquidity measured by quick ratio was 1.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2024
Volume
Net sales
Gross profit-23.12
EBIT-23.12
Net earnings-23.80
Shareholders equity total16.20
Balance sheet total (assets)60.09
Net debt27.93
Profitability
EBIT-%
ROA-38.5 %
ROE-147.0 %
ROI-43.6 %
Economic value added (EVA)-23.12
Solvency
Equity ratio27.0 %
Gearing227.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.4
Current ratio8.6
Cash and cash equivalents8.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-38.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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