Tolerance-compensating fastening arrangement for fastening a component to a structure, the fastening arrangement comprising: a male fastener comprising a fastening bolt having a serrated outer profile with a plurality of ridges arranged one after the other along the fastening bolt, each ridge running circumferentially around an outer surface of the fastening bolt; and a female fastener comprising: a socket base arranged within the female fastener movable along a horizontal tolerance compensation plane and having a conical funnel configured to receive the fastening bolt such that horizontal tolerances between the male fastener and the female fastener are compensable by movement of the socket base within the female fastener, the movement being actuated through contact of the fastening bolt with an inner funnel surface of the conical funnel; and a socket jaw arranged on the socket base and comprising several jaw segments arranged circumferentially around a vertical tolerance compensation axis such as to form a central jaw opening configured to receive the fastening bolt through the conical funnel of the socket base, each jaw segment having a serrated inner profile with a plurality of ridges arranged one after the other along the vertical tolerance compensation axis, the jaw segments being configured movable radially with respect to the vertical tolerance compensation axis to adjust a size of the jaw opening to retain the fastening bolt along the vertical tolerance compensation axis via contact of the serrated inner profile and the serrated outer profile and thereby compensate vertical tolerances between the male fastener and the female fastener. a male fastener comprising a fastening bolt having a serrated outer profile with a plurality of ridges arranged one after the other along the fastening bolt, each ridge running circumferentially around an outer surface of the fastening bolt; and a female fastener comprising: a socket base arranged within the female fastener movable along a horizontal tolerance compensation plane and having a conical funnel configured to receive the fastening bolt such that horizontal tolerances between the male fastener and the female fastener are compensable by movement of the socket base within the female fastener, the movement being actuated through contact of the fastening bolt with an inner funnel surface of the conical funnel; and a socket jaw arranged on the socket base and comprising several jaw segments arranged circumferentially around a vertical tolerance compensation axis such as to form a central jaw opening configured to receive the fastening bolt through the conical funnel of the socket base, each jaw segment having a serrated inner profile with a plurality of ridges arranged one after the other along the vertical tolerance compensation axis, the jaw segments being configured movable radially with respect to the vertical tolerance compensation axis to adjust a size of the jaw opening to retain the fastening bolt along the vertical tolerance compensation axis via contact of the serrated inner profile and the serrated outer profile and thereby compensate vertical tolerances between the male fastener and the female fastener. a socket base arranged within the female fastener movable along a horizontal tolerance compensation plane and having a conical funnel configured to receive the fastening bolt such that horizontal tolerances between the male fastener and the female fastener are compensable by movement of the socket base within the female fastener, the movement being actuated through contact of the fastening bolt with an inner funnel surface of the conical funnel; and a socket jaw arranged on the socket base and comprising several jaw segments arranged circumferentially around a vertical tolerance compensation axis such as to form a central jaw opening configured to receive the fastening bolt through the conical funnel of the socket base, each jaw segment having a serrated inner profile with a plurality of ridges arranged one after the other along the vertical tolerance compensation axis, the jaw segments being configured movable radially with respect to the vertical tolerance compensation axis to adjust a size of the jaw opening to retain the fastening bolt along the vertical tolerance compensation axis via contact of the serrated inner profile and the serrated outer profile and thereby compensate vertical tolerances between the male fastener and the female fastener.