FRØS HERREDS TAGDÆKNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 631.94 | ||||
Gross profit | 759.80 | 729.35 | 894.77 | ||
EBIT | 21.02 | 15.17 | 97.86 | 76.62 | 22.07 |
Net earnings | 8.14 | 4.69 | 88.51 | 52.23 | 10.48 |
Shareholders equity total | 152.56 | 157.25 | 245.76 | 297.99 | 308.47 |
Balance sheet total (assets) | 338.27 | 237.14 | 477.44 | 988.22 | 501.37 |
Net debt | - 144.71 | - 109.52 | - 400.67 | - 873.12 | - 328.97 |
Profitability | |||||
EBIT-% | 1.3 % | ||||
ROA | 12.1 % | 8.5 % | 29.4 % | 13.3 % | 4.5 % |
ROE | 5.5 % | 3.0 % | 43.9 % | 19.2 % | 3.5 % |
ROI | 5.8 % | 3.8 % | 45.1 % | 20.4 % | 3.4 % |
Economic value added (EVA) | 16.28 | 14.77 | 95.46 | 84.40 | 50.97 |
Solvency | |||||
Equity ratio | 45.1 % | 66.3 % | 51.5 % | 30.2 % | 61.5 % |
Gearing | |||||
Relative net indebtedness % | 2.5 % | ||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.8 | 1.4 | 2.3 |
Current ratio | 1.6 | 2.6 | 2.0 | 1.4 | 2.4 |
Cash and cash equivalents | 144.71 | 109.52 | 400.67 | 873.12 | 328.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 6.3 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.