FRK 4 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRK 4 A/S
FRK 4 A/S (CVR number: 39546086) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 6233.3 kDKK in 2023. The operating profit was 2641 kDKK, while net earnings were -2734.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. FRK 4 A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 674.00 | 1 148.00 | 5 599.00 | 12 769.00 | 6 233.29 |
EBIT | 667.00 | - 385.00 | 1 573.00 | 8 994.00 | 2 641.00 |
Net earnings | 511.00 | 10 831.00 | 9 714.00 | 13 584.00 | -2 734.43 |
Shareholders equity total | 4 433.00 | 15 264.00 | 24 978.00 | 28 561.00 | 25 827.46 |
Balance sheet total (assets) | 5 680.00 | 19 806.00 | 29 696.00 | 40 636.00 | 36 066.58 |
Net debt | 426.00 | 3 151.00 | 685.00 | 908.00 | 5 820.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 85.8 % | 41.3 % | 44.9 % | -7.4 % |
ROE | 12.2 % | 110.0 % | 48.3 % | 50.7 % | -10.1 % |
ROI | 14.2 % | 89.8 % | 43.8 % | 54.2 % | -9.1 % |
Economic value added (EVA) | 368.83 | - 428.17 | 1 806.29 | 8 043.43 | 2 884.80 |
Solvency | |||||
Equity ratio | 78.0 % | 77.1 % | 84.1 % | 70.3 % | 71.6 % |
Gearing | 21.8 % | 21.7 % | 7.2 % | 6.2 % | 23.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 0.4 | 0.9 | 0.5 | 0.7 |
Current ratio | 4.0 | 0.4 | 0.9 | 0.5 | 0.7 |
Cash and cash equivalents | 541.00 | 167.00 | 1 121.00 | 877.00 | 128.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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