FRØS HERREDS TAGDÆKNING ApS — Credit Rating and Financial Key Figures

CVR number: 32303293
Sdr Hygum Søndervang 19, 6630 Rødding

Credit rating

Company information

Official name
FRØS HERREDS TAGDÆKNING ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About FRØS HERREDS TAGDÆKNING ApS

FRØS HERREDS TAGDÆKNING ApS (CVR number: 32303293) is a company from VEJEN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 22.1 kDKK, while net earnings were 10.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRØS HERREDS TAGDÆKNING ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 631.94
Gross profit759.80729.35894.77
EBIT21.0215.1797.8676.6222.07
Net earnings8.144.6988.5152.2310.48
Shareholders equity total152.56157.25245.76297.99308.47
Balance sheet total (assets)338.27237.14477.44988.22501.37
Net debt- 144.71- 109.52- 400.67- 873.12- 328.97
Profitability
EBIT-%1.3 %
ROA12.1 %8.5 %29.4 %13.3 %4.5 %
ROE5.5 %3.0 %43.9 %19.2 %3.5 %
ROI5.8 %3.8 %45.1 %20.4 %3.4 %
Economic value added (EVA)16.2814.7795.4684.4050.97
Solvency
Equity ratio45.1 %66.3 %51.5 %30.2 %61.5 %
Gearing
Relative net indebtedness %2.5 %
Liquidity
Quick ratio1.61.81.81.42.3
Current ratio1.62.62.01.42.4
Cash and cash equivalents144.71109.52400.67873.12328.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %6.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.53%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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