MICHAEL FRAHM ApS — Credit Rating and Financial Key Figures

CVR number: 32155375
Rungborgvej 13, 7250 Hejnsvig

Credit rating

Company information

Official name
MICHAEL FRAHM ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About MICHAEL FRAHM ApS

MICHAEL FRAHM ApS (CVR number: 32155375) is a company from BILLUND. The company recorded a gross profit of -2192.1 kDKK in 2024. The operating profit was -3135 kDKK, while net earnings were -3020.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -82.4 %, which can be considered poor and Return on Equity (ROE) was -118.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MICHAEL FRAHM ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 070.001 223.091 509.17851.12-2 192.11
EBIT47.21196.0170.7679.70-3 135.04
Net earnings400.35452.55309.4780.42-3 020.95
Shareholders equity total1 436.821 778.771 975.241 941.26-1 197.48
Balance sheet total (assets)2 059.072 709.363 220.203 149.883 148.76
Net debt123.87267.90301.20417.663 170.36
Profitability
EBIT-%
ROA22.1 %21.0 %11.3 %2.8 %-82.4 %
ROE31.0 %28.1 %16.5 %4.1 %-118.7 %
ROI30.1 %26.8 %14.3 %3.4 %-107.2 %
Economic value added (EVA)41.50169.8865.21106.44-3 039.76
Solvency
Equity ratio69.8 %65.7 %61.3 %61.6 %-27.6 %
Gearing8.6 %15.1 %26.1 %30.0 %-264.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.20.60.3
Current ratio0.50.30.20.60.3
Cash and cash equivalents214.36164.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-82.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-27.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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