FRASTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRASTER ApS
FRASTER ApS (CVR number: 37005614) is a company from SILKEBORG. The company recorded a gross profit of 4290.8 kDKK in 2024. The operating profit was -1280 kDKK, while net earnings were -1358.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.4 %, which can be considered poor and Return on Equity (ROE) was -46.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRASTER ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 643.17 | 7 736.73 | 5 978.01 | 5 318.22 | 4 290.82 |
EBIT | 1 582.11 | 1 703.14 | 359.31 | 407.50 | -1 280.00 |
Net earnings | 1 116.69 | 1 252.16 | 261.83 | 226.16 | -1 358.88 |
Shareholders equity total | 2 821.00 | 4 073.17 | 3 935.00 | 3 726.16 | 2 141.28 |
Balance sheet total (assets) | 7 565.81 | 8 009.28 | 7 398.36 | 7 314.94 | 5 681.28 |
Net debt | - 284.74 | 106.16 | 1 794.54 | - 374.62 | 1 350.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.1 % | 22.0 % | 4.7 % | 5.7 % | -19.4 % |
ROE | 49.4 % | 36.3 % | 6.5 % | 5.9 % | -46.3 % |
ROI | 38.3 % | 35.2 % | 6.5 % | 7.8 % | -29.5 % |
Economic value added (EVA) | 1 150.50 | 1 253.33 | 181.22 | 113.56 | -1 360.40 |
Solvency | |||||
Equity ratio | 37.3 % | 50.9 % | 53.2 % | 51.0 % | 37.7 % |
Gearing | 37.4 % | 33.1 % | 45.8 % | 33.1 % | 68.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 1.6 | 1.4 | 0.8 |
Current ratio | 1.4 | 1.7 | 3.3 | 3.1 | 2.3 |
Cash and cash equivalents | 1 338.56 | 1 240.07 | 8.63 | 1 608.27 | 115.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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