ERVIN FRANK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERVIN FRANK ApS
ERVIN FRANK ApS (CVR number: 78054913) is a company from HERLEV. The company recorded a gross profit of 188.6 kDKK in 2023. The operating profit was -113.6 kDKK, while net earnings were -121.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.8 %, which can be considered poor and Return on Equity (ROE) was -31.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERVIN FRANK ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8.16 | 244.94 | 332.82 | -36.57 | 188.58 |
EBIT | - 203.87 | 89.52 | 25.04 | - 242.48 | - 113.61 |
Net earnings | - 168.50 | 55.34 | 7.19 | - 292.56 | - 121.82 |
Shareholders equity total | 735.17 | 790.50 | 797.69 | 505.13 | 268.91 |
Balance sheet total (assets) | 1 384.09 | 1 208.67 | 1 402.50 | 905.98 | 629.63 |
Net debt | - 712.03 | - 735.68 | - 818.99 | - 692.83 | - 491.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.1 % | 6.9 % | 1.9 % | -21.0 % | -14.8 % |
ROE | -19.7 % | 7.3 % | 0.9 % | -44.9 % | -31.5 % |
ROI | -23.1 % | 11.7 % | 3.2 % | -37.2 % | -29.3 % |
Economic value added (EVA) | - 149.77 | 68.25 | 16.82 | - 273.22 | - 104.18 |
Solvency | |||||
Equity ratio | 53.1 % | 65.4 % | 56.9 % | 55.8 % | 42.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.1 | 1.9 | 1.8 | 1.4 |
Current ratio | 2.1 | 2.2 | 1.9 | 1.8 | 1.4 |
Cash and cash equivalents | 712.03 | 735.68 | 818.99 | 692.83 | 491.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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