OLE FINN FRANDSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27985971
Vinde Helsingevej 34, 4281 Gørlev
tel: 59294573

Credit rating

Company information

Official name
OLE FINN FRANDSEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About OLE FINN FRANDSEN HOLDING ApS

OLE FINN FRANDSEN HOLDING ApS (CVR number: 27985971) is a company from KALUNDBORG. The company recorded a gross profit of 191.2 kDKK in 2024. The operating profit was -7.6 kDKK, while net earnings were -174.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. OLE FINN FRANDSEN HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit175.15198.72203.95194.82191.20
EBIT166.40189.97155.20186.07-7.65
Net earnings86.13110.0564.6396.35- 174.16
Shareholders equity total1 272.131 382.181 446.811 543.161 369.00
Balance sheet total (assets)4 401.524 402.854 418.694 358.494 155.29
Net debt2 960.372 899.322 866.572 715.302 721.99
Profitability
EBIT-%
ROA3.7 %4.3 %3.5 %4.2 %-0.2 %
ROE6.6 %8.3 %4.6 %6.4 %-12.0 %
ROI3.9 %4.5 %3.6 %4.3 %-0.2 %
Economic value added (EVA)-96.70-68.73- 116.16-76.26- 222.06
Solvency
Equity ratio28.9 %31.4 %32.7 %35.4 %32.9 %
Gearing232.9 %210.2 %199.4 %176.0 %198.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.0
Current ratio0.00.00.10.0
Cash and cash equivalents2.246.6818.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.18%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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