LARS FRANK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26025990
Hvedemarken 119, Rinkenæs 6300 Gråsten

Company information

Official name
LARS FRANK HOLDING ApS
Personnel
2 persons
Established
2001
Domicile
Rinkenæs
Company form
Private limited company
Industry

About LARS FRANK HOLDING ApS

LARS FRANK HOLDING ApS (CVR number: 26025990K) is a company from SØNDERBORG. The company recorded a gross profit of 52.8 mDKK in 2020. The operating profit was 7161.1 kDKK, while net earnings were 18.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 73.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. LARS FRANK HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
Volume
Net sales
Gross profit44 521.7752 813.65
EBIT2 834.037 161.13
Net earnings-2 252.4918 370.19
Shareholders equity total15 796.0934 055.69
Balance sheet total (assets)60 974.1897 189.84
Net debt8 106.15-6 787.39
Profitability
EBIT-%
ROA10.9 %27.2 %
ROE-14.3 %73.7 %
ROI22.0 %52.0 %
Economic value added (EVA)3 747.436 038.39
Solvency
Equity ratio29.1 %35.7 %
Gearing63.8 %39.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.3
Current ratio1.21.5
Cash and cash equivalents1 966.4520 133.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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