ERIK FRANDSEN. VIBORG ApS — Credit Rating and Financial Key Figures

CVR number: 88639014
Asmild Hegn 34, 8800 Viborg
erikfrandsen@live.dk
tel: 23291636

Credit rating

Company information

Official name
ERIK FRANDSEN. VIBORG ApS
Established
1980
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ERIK FRANDSEN. VIBORG ApS

ERIK FRANDSEN. VIBORG ApS (CVR number: 88639014) is a company from VIBORG. The company recorded a gross profit of -7.8 kDKK in 2024. The operating profit was -7.8 kDKK, while net earnings were 55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK FRANDSEN. VIBORG ApS's liquidity measured by quick ratio was 6.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-21.28-16.36-7.80
EBIT-21.28-18.38-28.68-16.36-7.80
Net earnings1.1554.33- 141.9425.6755.15
Shareholders equity total1 595.161 449.481 107.55933.22788.37
Balance sheet total (assets)1 620.481 489.811 146.36958.22803.37
Net debt-29.73-30.73-28.59-68.15-74.90
Profitability
EBIT-%
ROA0.1 %4.5 %-2.2 %3.1 %8.0 %
ROE0.1 %3.6 %-11.1 %2.5 %6.4 %
ROI0.1 %4.6 %-2.2 %3.2 %8.2 %
Economic value added (EVA)- 108.79-93.00-93.67-66.98-59.60
Solvency
Equity ratio98.4 %97.3 %96.6 %97.4 %98.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.20.91.84.16.3
Current ratio1.20.91.84.16.3
Cash and cash equivalents29.7330.7328.5968.1574.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.03%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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