FRASTER ApS — Credit Rating and Financial Key Figures

CVR number: 37005614
Linåvej 9 A, 8600 Silkeborg
tel: 86893912

Credit rating

Company information

Official name
FRASTER ApS
Personnel
11 persons
Established
1970
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 643.177 736.735 978.015 318.224 290.82
EBIT1 582.111 703.14359.31407.50-1 280.00
Net earnings1 116.691 252.16261.83226.16-1 358.88
Shareholders equity total2 821.004 073.173 935.003 726.162 141.28
Balance sheet total (assets)7 565.818 009.287 398.367 314.945 681.28
Net debt- 284.74106.161 794.54- 374.621 350.31
Profitability
EBIT-%
ROA21.1 %22.0 %4.7 %5.7 %-19.4 %
ROE49.4 %36.3 %6.5 %5.9 %-46.3 %
ROI38.3 %35.2 %6.5 %7.8 %-29.5 %
Economic value added (EVA)1 150.501 253.33181.22113.56-1 360.40
Solvency
Equity ratio37.3 %50.9 %53.2 %51.0 %37.7 %
Gearing37.4 %33.1 %45.8 %33.1 %68.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.81.61.40.8
Current ratio1.41.73.33.12.3
Cash and cash equivalents1 338.561 240.078.631 608.27115.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-19.4%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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