FRK 2 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRK 2 A/S
FRK 2 A/S (CVR number: 25631145) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -45.3 kDKK in 2023. The operating profit was -348.4 kDKK, while net earnings were 827.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRK 2 A/S's liquidity measured by quick ratio was 14.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 205.00 | - 295.00 | - 540.00 | - 182.00 | -45.32 |
EBIT | -4 558.00 | -3 802.00 | -1 016.00 | - 655.00 | - 348.40 |
Net earnings | 6 079.00 | -3 449.00 | -1 517.00 | - 398.00 | 827.17 |
Shareholders equity total | 17 614.00 | 14 165.00 | 4 948.00 | 4 550.00 | 5 376.29 |
Balance sheet total (assets) | 19 127.00 | 17 214.00 | 6 715.00 | 5 994.00 | 5 449.22 |
Net debt | 727.00 | 2 186.00 | 1 470.00 | 1 365.00 | - 243.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.8 % | -19.4 % | -14.3 % | -7.4 % | -4.7 % |
ROE | 37.7 % | -21.7 % | -15.9 % | -8.4 % | 16.7 % |
ROI | 22.2 % | -19.9 % | -14.8 % | -7.5 % | -4.8 % |
Economic value added (EVA) | -3 289.53 | -3 102.59 | - 276.39 | - 641.28 | - 458.86 |
Solvency | |||||
Equity ratio | 92.1 % | 82.3 % | 73.7 % | 75.9 % | 98.7 % |
Gearing | 5.1 % | 16.0 % | 30.6 % | 30.7 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.8 | 0.4 | 0.8 | 14.6 |
Current ratio | 1.3 | 0.8 | 0.4 | 0.8 | 14.6 |
Cash and cash equivalents | 170.00 | 79.00 | 46.00 | 34.00 | 296.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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