FRODE DAVIDSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRODE DAVIDSEN HOLDING ApS
FRODE DAVIDSEN HOLDING ApS (CVR number: 35048723) is a company from SILKEBORG. The company recorded a gross profit of -45.2 kDKK in 2024. The operating profit was -45.2 kDKK, while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRODE DAVIDSEN HOLDING ApS's liquidity measured by quick ratio was 3775.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.25 | -39.00 | -35.60 | -46.38 | -45.25 |
EBIT | -17.25 | -39.00 | -35.60 | -46.38 | -45.25 |
Net earnings | 16 104.66 | 23 294.25 | -5 736.17 | 14 794.87 | 10 311.79 |
Shareholders equity total | 98 840.76 | 122 140.52 | 112 367.85 | 127 130.58 | 127 442.37 |
Balance sheet total (assets) | 100 205.27 | 125 886.93 | 113 960.43 | 128 122.73 | 127 472.38 |
Net debt | -67 716.68 | -90 614.90 | -84 279.31 | - 105 207.56 | - 107 834.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.9 % | 25.1 % | 4.6 % | 14.7 % | 9.3 % |
ROE | 16.8 % | 21.1 % | -4.9 % | 12.4 % | 8.1 % |
ROI | 20.1 % | 25.2 % | 4.6 % | 14.8 % | 9.4 % |
Economic value added (EVA) | 457.89 | 160.47 | 671.46 | 299.21 | 389.50 |
Solvency | |||||
Equity ratio | 98.6 % | 97.0 % | 98.6 % | 99.2 % | 100.0 % |
Gearing | 0.0 % | 3.1 % | 1.4 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 57.3 | 26.3 | 57.1 | 108.0 | 3 775.2 |
Current ratio | 57.3 | 26.3 | 57.1 | 108.0 | 3 775.2 |
Cash and cash equivalents | 67 736.73 | 94 345.14 | 85 858.89 | 105 378.00 | 107 834.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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