FROSTING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FROSTING HOLDING ApS
FROSTING HOLDING ApS (CVR number: 32268862) is a company from HELSINGØR. The company recorded a gross profit of -1.4 kDKK in 2023. The operating profit was -1.4 kDKK, while net earnings were -9.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FROSTING HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 25.28 | -5.27 | 37.72 | 13.52 | -1.45 |
EBIT | 25.28 | -5.27 | 37.72 | 13.52 | -1.45 |
Net earnings | 17.69 | -5.27 | - 520.64 | 21.72 | -9.32 |
Shareholders equity total | -46.91 | -52.18 | - 572.82 | - 551.10 | - 560.42 |
Balance sheet total (assets) | 1 907.23 | 1 900.31 | 1 307.19 | 1 288.15 | 1 287.35 |
Net debt | 1 932.32 | 1 932.57 | 1 821.72 | 153.91 | 155.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.3 % | -0.3 % | -26.7 % | 0.7 % | -0.1 % |
ROE | 0.9 % | -0.3 % | -32.5 % | 1.7 % | -0.7 % |
ROI | 1.3 % | -0.3 % | -27.2 % | 1.4 % | -0.9 % |
Economic value added (EVA) | 20.96 | -2.91 | 32.11 | 39.02 | 26.30 |
Solvency | |||||
Equity ratio | -2.4 % | -2.7 % | -30.5 % | -30.0 % | -30.3 % |
Gearing | -4119.1 % | -3704.8 % | -320.2 % | -28.1 % | -27.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.7 | 0.7 | 0.7 |
Current ratio | 1.0 | 1.0 | 0.7 | 0.7 | 0.7 |
Cash and cash equivalents | 0.01 | 0.68 | 12.53 | 1.09 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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