FRIGOSCANDIA DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 17026518
Bøgildsmindevej 3, 9400 Nørresundby
administration.dk@frigoscandia.com
tel: 76341888
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Company information

Official name
FRIGOSCANDIA DENMARK A/S
Personnel
16 persons
Established
1959
Company form
Limited company
Industry

About FRIGOSCANDIA DENMARK A/S

FRIGOSCANDIA DENMARK A/S (CVR number: 17026518) is a company from AALBORG. The company reported a net sales of 98.3 mDKK in 2024, demonstrating a growth of 2.5 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0.9 mDKK), while net earnings were -736.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. FRIGOSCANDIA DENMARK A/S's liquidity measured by quick ratio was 1.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales81.0378.92102.8295.8698.30
Gross profit-8.039.5211.4814.4515.70
EBIT-21.060.39-0.071.300.88
Net earnings-21.590.39-1.032.94-0.74
Shareholders equity total6.236.625.598.537.79
Balance sheet total (assets)41.7914.9725.6934.7422.04
Net debt23.690.302.7812.853.81
Profitability
EBIT-%-26.0 %0.5 %-0.1 %1.4 %0.9 %
ROA-23.6 %2.7 %0.5 %7.0 %3.4 %
ROE-126.8 %6.1 %-16.9 %41.7 %-9.0 %
ROI-28.8 %4.0 %0.8 %10.8 %5.3 %
Economic value added (EVA)-22.020.08-0.331.020.30
Solvency
Equity ratio14.9 %44.2 %21.8 %24.6 %35.4 %
Gearing380.1 %23.8 %184.7 %175.0 %74.9 %
Relative net indebtedness %43.9 %8.9 %12.2 %25.2 %12.4 %
Liquidity
Quick ratio1.21.81.31.31.5
Current ratio1.21.81.31.31.5
Cash and cash equivalents1.287.542.082.02
Capital use efficiency
Trade debtors turnover (days)39.843.147.057.848.5
Net working capital %7.5 %8.3 %5.4 %7.3 %6.7 %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:3.44%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.4%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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