FRANK GAD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANK GAD ApS
FRANK GAD ApS (CVR number: 10055601) is a company from FREDERIKSBERG. The company recorded a gross profit of -265.5 kDKK in 2023. The operating profit was -265.5 kDKK, while net earnings were -16 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK GAD ApS's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.89 | 7.53 | 40.31 | ||
Gross profit | - 487.60 | - 211.55 | - 421.12 | - 374.50 | - 265.45 |
EBIT | - 487.60 | - 211.55 | - 421.12 | - 374.50 | - 265.45 |
Net earnings | -78 975.35 | 106 405.10 | 12 139.98 | 3 676.66 | -16 008.23 |
Shareholders equity total | 240 117.40 | 346 411.90 | 353 551.88 | 352 228.54 | 331 220.31 |
Balance sheet total (assets) | 242 288.98 | 348 258.56 | 356 406.17 | 360 930.83 | 345 465.32 |
Net debt | 2 113.56 | 1 347.73 | 1 887.07 | 5 591.66 | 6 136.97 |
Profitability | |||||
EBIT-% | -493.1 % | -2809.0 % | -1044.8 % | ||
ROA | -27.6 % | 36.0 % | 3.4 % | 1.0 % | -4.4 % |
ROE | -27.7 % | 36.3 % | 3.5 % | 1.0 % | -4.7 % |
ROI | -27.6 % | 36.0 % | 3.4 % | 1.0 % | -4.5 % |
Economic value added (EVA) | 16 091.27 | 11 861.90 | 17 205.21 | 16 901.46 | 17 022.51 |
Solvency | |||||
Equity ratio | 99.1 % | 99.5 % | 99.2 % | 97.6 % | 95.9 % |
Gearing | 0.9 % | 0.5 % | 0.5 % | 1.6 % | 1.9 % |
Relative net indebtedness % | 2193.5 % | 18161.4 % | 7073.5 % | ||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 2.5 | 1.6 | 1.5 |
Current ratio | 0.8 | 0.6 | 2.5 | 1.6 | 1.5 |
Cash and cash equivalents | 2.45 | 478.93 | 3.09 | 2.23 | 2.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -449.2 % | -8961.0 % | 10643.7 % | ||
Credit risk | |||||
Credit rating | BBB | A | AA | AA | A |
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