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Frank Damgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frank Damgaard Holding ApS
Frank Damgaard Holding ApS (CVR number: 43554549) is a company from HERNING. The company recorded a gross profit of -8 kDKK in 2025. The operating profit was -8 kDKK, while net earnings were 2543 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.6 %, which can be considered excellent and Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Frank Damgaard Holding ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -17.30 | -9.15 | -9.14 | -8.03 |
| EBIT | -17.30 | -9.15 | -9.14 | -8.03 |
| Net earnings | 789.98 | 1 017.33 | 1 379.07 | 2 542.99 |
| Shareholders equity total | 1 931.99 | 2 869.31 | 4 168.38 | 6 611.37 |
| Balance sheet total (assets) | 2 486.55 | 4 009.69 | 5 412.95 | 8 599.76 |
| Net debt | -25.46 | -1 778.52 | -3 218.40 | -4 934.24 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 32.4 % | 35.6 % | 33.6 % | 42.6 % |
| ROE | 40.9 % | 42.4 % | 39.2 % | 47.2 % |
| ROI | 32.5 % | 35.7 % | 34.0 % | 43.0 % |
| Economic value added (EVA) | -12.04 | - 131.53 | - 208.36 | - 271.89 |
| Solvency | ||||
| Equity ratio | 77.7 % | 71.6 % | 77.0 % | 76.9 % |
| Gearing | 28.1 % | 39.6 % | 26.8 % | 30.0 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.0 | 2.6 | 3.5 | 3.5 |
| Current ratio | 1.0 | 2.6 | 3.5 | 3.5 |
| Cash and cash equivalents | 568.80 | 2 913.91 | 4 336.24 | 6 917.63 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | A | AA | AA | AA |
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