FRANDSEN HUSE VARDE HOLDING ApS

CVR number: 21711640
Kaj Munks Vej 3, 6800 Varde
tel: 75220625

Credit rating

Company information

Official name
FRANDSEN HUSE VARDE HOLDING ApS
Established
1998
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

FRANDSEN HUSE VARDE HOLDING ApS (CVR number: 21711640) is a company from VARDE. The company recorded a gross profit of -16.2 kDKK in 2023. The operating profit was -16.2 kDKK, while net earnings were 378.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANDSEN HUSE VARDE HOLDING ApS's liquidity measured by quick ratio was 1354.8 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
20192020202120222023
Volume
Net sales
Gross profit-37.01-52.75-15.28-18.84-16.19
EBIT-37.01-52.75-15.28-18.84-16.19
Net earnings277.27332.00364.78194.13378.90
Shareholders equity total7 414.517 635.907 144.187 008.307 187.21
Balance sheet total (assets)7 414.517 635.907 144.187 063.707 192.52
Net debt-7 356.86-7 592.00-7 117.07-7 060.69-7 183.50
Profitability
EBIT-%
ROA3.7 %4.3 %4.9 %3.8 %5.3 %
ROE3.8 %4.4 %4.9 %2.7 %5.3 %
ROI3.7 %4.3 %4.9 %3.8 %5.3 %
Economic value added (EVA)-41.78-56.71-17.66-14.93-13.75
Solvency
Equity ratio100.0 %100.0 %100.0 %99.2 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1 354.8
Current ratio1 354.8
Cash and cash equivalents7 356.867 592.007 117.077 060.697 183.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.26%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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