FRU NØRGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 30701526
Skovgyden 24, 5960 Marstal
ulla@frunoergaard.dk

Credit rating

Company information

Official name
FRU NØRGAARD ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About FRU NØRGAARD ApS

FRU NØRGAARD ApS (CVR number: 30701526) is a company from ÆRØ. The company recorded a gross profit of -165.5 kDKK in 2023. The operating profit was -239.3 kDKK, while net earnings were -253.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRU NØRGAARD ApS's liquidity measured by quick ratio was 6.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit19.32235.53112.6538.45- 165.50
EBIT-38.0385.92- 158.94- 113.27- 239.34
Net earnings-38.5797.07- 158.37- 121.86- 253.35
Shareholders equity total3 845.253 942.313 783.953 662.093 582.40
Balance sheet total (assets)4 143.514 183.814 256.884 135.743 855.60
Net debt37.35- 245.72-48.91154.85158.14
Profitability
EBIT-%
ROA-0.6 %2.4 %-3.4 %-2.3 %-5.6 %
ROE-1.0 %2.5 %-4.1 %-3.3 %-7.0 %
ROI-0.6 %2.6 %-3.6 %-2.4 %-5.8 %
Economic value added (EVA)- 194.98- 103.54- 344.30- 291.66- 420.79
Solvency
Equity ratio92.8 %94.2 %88.9 %88.5 %92.9 %
Gearing2.9 %0.2 %4.9 %5.6 %6.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.36.83.64.26.5
Current ratio6.38.34.54.46.9
Cash and cash equivalents74.96253.41233.9051.0359.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-5.58%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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